Listing Agency: Colliers - Indianapolis, Indiana

Listed By: Stephen Daum · License #RB14022972 Show Phone

Source: Crexi

Added: Aug 2, 2024 Changed: Aug 16 Last Checked: Sep 7 at 2:41AM

Report an Issue

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 Colliers - Indianapolis, Indiana

Investment Insights

Based on property information with market context.

This development opportunity consists of approximately 0.5944 acres across five lots, specifically 4019 Shelby St, and 4019, 4033, and 4035 Weaver Ave. The site benefits from roughly 200 feet of frontage along Shelby Street and Weaver Avenue, with a lot depth of 135 feet extending to the alley. Zoned C-3, the location features a signalized light at the intersection of Shelby Street and Hanna Avenue. Traffic counts indicate 16,950 ADT at Shelby Street and Hanna Avenue, and 14,931 ADT on Shelby Street just south of the site.

Key Highlights

• Development opportunity adjacent to the University of Indianapolis.
• ± 0.5944 acres across 5 lots.
• Zoned C‑3.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Electrical Service Skin Care Clinic Carpet & Flooring Store Bakery Plumbing Service

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

547

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Automotive Repair Shop with Paint Booth

7086 Southeastern Ave, Indianapolis, IN 46239

$1,100,000

9,000 SF

View details

Office Building with Multiple Entrances

1202 S Lynhurst Dr, Indianapolis, IN 46241

$800,000

8,311 SF

View details

Former Medical Office and Community Space

6635 E 21st Street, Indianapolis, IN 46219

$1,750,000

7,548 SF

View details

Brewery-Pub with Multiple Overhead Doors

1301 Barth Ave, Indianapolis, IN 46203

$1,250,000

11,060 SF

View details

Renovated Multi-Tenant Warehouse

3031 South Holt Road, Indianapolis, IN 46221

$795,000

10,000 SF

View details

Fenced Industrial Warehouse Portfolio

1302 Bedford Street, Indianapolis, IN 46221

$850,000

9,540 SF

View details

Two-Story Mixed-Use Building

517 E Walnut St, Indianapolis, IN 46202

$2,500,000

9,400 SF

View details

Multi-Office Building with Parking

1300 N Pennsylvania St, Indianapolis, IN 46202

$700,000

8,637 SF

View details

Four-Tenant Strip Mall with National Tenants

1155 E Stop 11 Rd, Indianapolis, IN 46227

$2,380,000

7,000 SF

View details

Freestanding Industrial Building with Outdoor Storage

2845 Tobey Dr, Indianapolis, IN 46219

$950,000

8,000 SF

View details

Dollar General NNN Property

3209 E Thompson Rd, Indianapolis, IN 46227

$729,000

8,995 SF

View details

Freestanding Manufacturing Building

3810 N Kercheval Dr, Indianapolis, IN 46226

$850,000

6,000 SF

View details

Frequently Asked Questions

What type of property is this?

Commercial land - Development opportunity near the University of Indianapolis.

Where is this commercial land located?

The property is located at 4019 Shelby St Indianapolis, IN.

What are key features of this property?

This property features: Development opportunity adjacent to the University of Indianapolis.; ± 0.5944 acres across 5 lots.; Zoned C‑3.