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1240 E Stop 11 Rd Indianapolis, IN 46227

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For Sale
$899,000

Vacant car dealership with high traffic and affluent surroundings.

Building Details

Year built
1985

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Listing Contact
Jaidyn Smith
Jaidyn Smith
Source: Legacycrea

Listing Agency: Legacy Real Estate Advisors Listing Agent: Jaidyn Smith

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Car Dealership Near Airport

This free-standing car dealership, available vacant upon the close of escrow, features a 912-square-foot building situated on a 0.51-acre lot. The property benefits from its close proximity to the Indianapolis International Airport. Located within the Indianapolis MSA, ranked #33, the site experiences high traffic counts, with over 35,600 vehicles passing daily on S U.S Hwy 31. The surrounding area is affluent, with an average household income exceeding $79,000 within a 3-mile radius. A projected population growth of 4.09% is expected in the next 5 years. The property is positioned at the forefront of Indianapolis' premiere auto trading retail corridor and is surrounded by national tenants, including Walmart Supercenter, Dollar Tree, Petco, At Home, PetSmart, and Hobby Lobby.
Location Intelligence

Current Use by Public Records

Parking lots & garages

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Enterprise Rent-A-Car, U-Haul Neighborhood Dealer

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Hamilton
State
Indiana
Longitude
-86.1307794
Latitude
39.6505118

FAQs

What type of property is this?
Automotive property - Vacant car dealership with high traffic and affluent surroundings.
Where is this automotive property located?
The property is located at 1240 E Stop 11 Rd Indianapolis, IN.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: - High Traffic Counts: Over 35,600 vehicles pass the site daily.; - Prime Location: Positioned at the forefront of Indianapolis' Premiere Auto Trading Retail Corridor.; - Affluent Area: Average household income exceeds $79,000+ within a 3-mile radius.
More about this property
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