Listing Agency: Bradley Company s***@bradleyco.com Show Phone

Listed By: Michael Horrigan · License #RB18001244

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:11AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bradley Company

Investment Insights

Based on property information with market context.

This commercial land offering includes an existing building and is identified with both C5 and C7 zoning. The property is located at 1251 W 16th St in Indianapolis, Indiana, within a designated Qualified Opportunity Zone.

Key Highlights

• C5 and C7 zoning designations
• Existing building included with the land
• Located within a Qualified Opportunity Zone

Property Analytics

Property Profile

Current Use

1251 W 16th ... Parking Lot & Garage PYRAMIDS AUTO SALES ... Car Dealership

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

492

Businesses Nearby

Explore this area Business Placement

Demographics for 46202, IN

22,217

Population

12,297

Households

1.8

Avg Household Size

29

Median Age

62%

College-Educated

91%

High-School Grad

5.5 sq mi

ZIP Area

4,039

Density / Sq Mi

$61,082

Median Household Income

$40,499

Median Earnings

$1,258

Median Rent

$420,200

Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019

7.4% 2020

6.4% 2021

5% 2022

4.7% 2023

4.6% 2024

4.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Automotive Repair Shop with Paint Booth

7086 Southeastern Ave, Indianapolis, IN 46239

$1,100,000

9,000 SF

View details

Former Medical Office and Community Space

6635 E 21st Street, Indianapolis, IN 46219

$1,750,000

7,548 SF

View details

Brewery-Pub with Multiple Overhead Doors

1301 Barth Ave, Indianapolis, IN 46203

$1,250,000

11,060 SF

View details

Renovated Multi-Tenant Warehouse

3031 South Holt Road, Indianapolis, IN 46221

$795,000

10,000 SF

View details

Two-Story Mixed-Use Building

517 E Walnut St, Indianapolis, IN 46202

$2,500,000

9,400 SF

View details

Multi-Office Building with Parking

1300 N Pennsylvania St, Indianapolis, IN 46202

$700,000

8,637 SF

View details

Medical Office and Professional Space

7353 East 21st St, Indianapolis, IN 46219

$2,271,000

12,140 SF

View details

Four-Tenant Strip Mall with National Tenants

1155 E Stop 11 Rd, Indianapolis, IN 46227

$2,380,000

7,000 SF

View details

Freestanding Industrial Building with Outdoor Storage

2845 Tobey Dr, Indianapolis, IN 46219

$950,000

8,000 SF

View details

Dollar General NNN Property

3209 E Thompson Rd, Indianapolis, IN 46227

$729,000

8,995 SF

View details

Freestanding Manufacturing Building

3810 N Kercheval Dr, Indianapolis, IN 46226

$850,000

6,000 SF

View details

Renovated Multi-Tenant Flex Space

9130 Otis Ave, Indianapolis, IN 46216

$2,475,000

25,000 SF

View details

Frequently Asked Questions

What type of property is this?

Commercial land - Property includes an existing building and carries C5 and C7 zoning designations.

Where is this commercial land located?

The property is located at 1251 W 16th St Indianapolis, IN.

What are key features of this property?

This property features: C5 and C7 zoning designations; Existing building included with the land; Located within a Qualified Opportunity Zone