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Prime Commercial Land For Sale
For Sale
$1,200,000

3815 N Shadeland Ave, Indianapolis, IN 46226

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

Property SizeContact for details
Lot Size2.41 Acres
Days on Market605

Property Features for 3815 N Shadeland Ave

General Information

Standard status Active
Lot size 2.41 Acres
Listing Agency: Carpenter, REALTORS
Listed By: Felman Brown
Source: Exprealty
Added: Dec 12, 2024 Changed: Aug 8 Last Checked: Aug 6 at 4:12AM

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

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

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

460
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

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
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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.
More about this property
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