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Waterfront Development Land
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1437 Congress Ave, Indianapolis, IN 46208

Two lots are included for development near the Indianapolis Canal.

Property SizeContact for details
Days on Market50

Property Features for 1437 Congress Ave

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: 1 Percent Lists Indiana Real Estate
Listed By: Iscary Payano · License #MBR49016
Source: Mcwatersrealestate
Added: Jul 26 Changed: Sep 8 Last Checked: Sep 12 at 2:04PM

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 1 Percent Lists Indiana Real Estate

Investment Insights

Based on property information with market context.

This listing includes two lots sold together for development. The property is described as waterfront land next to the Indianapolis Canal, with a separate listing (BLC#22097848) noted as being sold with this parcel.

The seller’s public remarks indicate the property is being offered again after a buyer was unable to obtain required zoning approvals for their intended development. The opportunity is presented for future development or an alternative use, subject to applicable approvals.

For sale as land only, the parcels provide a combined basis for buyers looking to pursue new development plans in the area.

Key Highlights

  • Two lots included for development near the Indianapolis Canal
  • Includes BLC#22097848 to be sold with this parcel
  • Back on market: buyer was unable to obtain required zoning approvals for their intended development

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Electrical Service Plumbing Service

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

217
Businesses Nearby

Demographics for 46208, IN

23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Two lots are included for development near the Indianapolis Canal.
Where is this waterfront land located?
The property is located at 1437 Congress Ave Indianapolis, IN.
What are key features of this property?
This property features: Two lots included for development near the Indianapolis Canal; Includes BLC#22097848 to be sold with this parcel; Back on market: buyer was unable to obtain required zoning approvals for their intended development
More about this property
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