Commercial Outlot
For Sale
Contact for pricing
Pending
3820-3920 Madison Avenue, Indianapolis, IN 46227
Commercial outlot land adjacent to the University of Indianapolis, with sale, ground lease, and build-to-suit options.
Property SizeContact for details
Days on Market144
Property Features for 3820-3920 Madison Avenue
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
Veritas Realty
Listed By:
Craig Ramsay · License #IN RB14044028
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 10:47PM
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 Veritas Realty
Investment Insights
Based on property information with market context.
This commercial land offering provides up to 1 acre at 3820-3920 Madison Avenue in Indianapolis. The property is available for a direct sale, ground lease, or build-to-suit arrangement, providing several paths for future development. Renovation plans are also in place for the shopping center located behind the outlot.
The site is next to the University of Indianapolis, which has 5,500 students and 700 faculty and staff. It also serves a shopping and retail hub within a densely populated surrounding residential area.
The site is next to the University of Indianapolis, which has 5,500 students and 700 faculty and staff. It also serves a shopping and retail hub within a densely populated surrounding residential area.
Key Highlights
- Up to 1 acre of commercial land available
- Sale, ground lease, and build‑to‑suit options
- Adjacent to the University of Indianapolis
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Explore this area
Business Placement
Demographics for 46227, IN
62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial outlot land adjacent to the University of Indianapolis, with sale, ground lease, and build-to-suit options.
Where is this commercial land located?
The property is located at 3820-3920 Madison Avenue Indianapolis, IN.
What are key features of this property?
This property features: Up to 1 acre of commercial land available; Sale, ground lease, and build‑to‑suit options; Adjacent to the University of Indianapolis
