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Prime Commercial Land For Sale

3815 N Shadeland Ave, Indianapolis, IN 46226

For Sale
$1,200,000

2.41 acres at a busy Indianapolis intersection, ideal for development.

Property SizeContact for details
Lot Size2.41 Acres
Days on Market699

Property Features for 3815 N Shadeland Ave

General Information

Standard status Active
Lot size 2.41 Acres

Site & Location

Neighborhood Arlington Woods
Listing Agency: Carpenter, REALTORS
Listed By: Felman Brown
Source: Exprealty
Added: Dec 11, 2024 Changed: Nov 1 Last Checked: Nov 8 at 8:06AM

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 Carpenter, REALTORS

Rey
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Investment Insights

Based on property information with market context.

This 2.41-acre commercial site is available for development at a high-traffic intersection in Indianapolis. The location benefits from a traffic count of 36,497 vehicles on Shadeland Avenue and 23,769 on E. 38th Street. Zoned C-4, the property offers optimum possibilities for multiple uses, including a drug store, convenience store, car wash, or fast food establishment. There is a vacant house currently situated on the property.

Key Highlights

  • Prime commercial location at a busy intersection in Indianapolis.
  • High traffic count: 36,497 on Shadeland Ave, 23,769 on E. 38th.
  • Zoned C‑4 with optimum possibilities of multiple uses.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Furniture & Home Goods Cafe & Coffee Shop

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

463
Businesses Nearby

Demographics for 46226, IN

43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
Median Home Value
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Market

Properties on Market for Commercial land in Indianapolis

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Commercial land - 2.41 acres at a busy Indianapolis intersection, ideal for development.
Where is this commercial land located?
The property is located at 3815 N Shadeland Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime commercial location at a busy intersection in Indianapolis.; High traffic count: 36,497 on Shadeland Ave, 23,769 on E. 38th.; Zoned C‑4 with optimum possibilities of multiple uses.
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