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Turnkey Residential Development Lot
For Sale
$97,000

2003 Columbia Ave, Indianapolis, IN 46202

Turnkey lot zoned D-8 with utilities available and approved setbacks, survey, and zoning documentation.

Property SizeContact for details
Days on Market92

Property Features for 2003 Columbia Ave

General Information

Standard status Active
Property subtype Land
Zoning D-8

Additional Details

Utilities to Site Yes
Listing Agency: Berkshire Hathaway Home
Listed By: Abigail Vivo
Source: Exprealty
Added: Jun 4 Changed: Aug 31 Last Checked: Sep 1 at 11:25PM

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 Berkshire Hathaway Home

Investment Insights

Based on property information with market context.

This turnkey residential development lot at 2003 Columbia Ave includes completed/approved items for moving forward with construction, including a variance for setbacks, a survey, zoning approvals, and water and sewer line work. The property also has a water pit and meter, and power is available from a line running along 20th St. The seller indicates there is a recorded sewer easement for 2005 Columbia Ave next door, running to the sewer line along 20th St., and that it runs between locations for a detached garage and a house. Selling is “As-Is Where-Is.”

The lot is described as being minutes from downtown Indianapolis and two blocks from the Monon Trail. The seller notes that the setback variance relates to fire exit setback along 20th St.

The property is zoned D-8 and is described as able to accommodate a carriage house. Seller is also willing to provide 2-story, single-family home design concepts at no cost. Buyers are advised that information is provided to assist with their own due diligence and inspections.

Key Highlights

  • Turnkey lot zoned D‑8 with water and sewer lines available
  • Approved/completed documentation for variance for setbacks, survey, and zoning
  • Water pit and meter approved for the property

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Law Firm Building Supply Big Box & Wholesale Store Pharmacy Spa & Massage Center

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Turnkey lot zoned D-8 with utilities available and approved setbacks, survey, and zoning documentation.
Where is this residential land & home lot located?
The property is located at 2003 Columbia Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $97,000.
What are key features of this property?
This property features: Turnkey lot zoned D‑8 with water and sewer lines available; Approved/completed documentation for variance for setbacks, survey, and zoning; Water pit and meter approved for the property
More about this property
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