Listing Agency: Greysteel | Greenville Show Phone

Listed By: S. Britt Gillespie

Source: Moodyscre

Added: Jan 30, 2025 Changed: Aug 8 Last Checked: Aug 9 at 1:27PM

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Investment Insights

Based on property information with market context.

This land offers a convenient location with access to Downtown Indianapolis in less than 15 minutes, approximately 5 miles directly north, and Interstate 465 in just over one mile via S. East Street. Grocery stores, pharmacies, and other retailers are also located along the S. East Street corridor. The site is surrounded by substantial employment opportunities, while retaining a quiet residential feeling. The property is located within Meridian Heights, in both an Opportunity Zone (18097380200) and a Qualified Census Tract (3802). The Opportunity Zone provides potential long-term tax benefits for a developer through long-term capital gains forgiveness in the value of the site development. A Qualified Census Tract provides additional Low-Income Housing Tax Credit options or benefits during development.

Key Highlights

• Convenient location: 15‑minute access to Downtown Indianapolis and quick access to I‑465.
• Located within an Opportunity Zone, offering potential long‑term tax benefits for developers.
• Situated in a Qualified Census Tract, providing potential Low Income Housing Tax Credit benefits.

Property Analytics

Property Profile

Current Use

TeethXpress Dental Office Planned Parenthood - Midtown ... Medical Clinic Norton Estate Planning ... Law Firm John Shaver Physician Simply Smile Dentistry Dental Office

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Pharmacy (Bike/Boat/Book/etc) 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

526

Businesses Nearby

Explore this area Business Placement

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Frequently Asked Questions

What type of property is this?

Land - Land with convenient location and development opportunities.

Where is this land located?

The property is located at 3750 S Meridian St Indianapolis, IN.

What are key features of this property?

This property features: Convenient location: **15‑minute access to Downtown Indianapolis and quick access to I‑465.**; Located within an Opportunity Zone, offering potential long‑term tax benefits for developers.; Situated in a Qualified Census Tract, providing potential Low Income Housing Tax Credit benefits.