Listing Agency: Colliers - Indianapolis, Indiana

Listed By: Stephen Daum · License #RB14022972 Show Phone

Source: Crexi

Added: May 24, 2019 Changed: Aug 21 Last Checked: Sep 4 at 7:52AM

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Investment Insights

Based on property information with market context.

This commercial development lot is located within the Valley Ridge Development, situated in a primary retail corridor on Southport Road. The property benefits from several points of ingress and egress. Its location offers close proximity to demand generators such as Super Target, Staples, Home Depot, Kohl’s, Menards, and Meijer. The traffic count on Southport Road is approximately 25,278 vehicles per day.

Key Highlights

• Last remaining commercial development lot in Valley Ridge Development.
• Located in a primary retail corridor on Southport Road.
• High traffic count on Southport Road (± 25,278 vehicles per day).

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Hair Salon Law Firm HVAC Service Parking Lot & Garage Barber Shop Computer & Electronic Repair

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

219

Businesses Nearby

Explore this area Business Placement

Demographics for 46237, IN

44,378

Population

17,660

Households

2.5

Avg Household Size

36

Median Age

34%

College-Educated

89%

High-School Grad

14.7 sq mi

ZIP Area

3,019

Density / Sq Mi

$76,676

Median Household Income

$47,742

Median Earnings

$1,272

Median Rent

$216,300

Median Home Value

Questions? Ask Rey

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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?

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial development lot in a primary retail corridor.

Where is this commercial land located?

The property is located at 5350 Southport Rd Indianapolis, IN.

What are key features of this property?

This property features: Last remaining commercial development lot in Valley Ridge Development.; Located in a primary retail corridor on Southport Road.; High traffic count on Southport Road (± 25,278 vehicles per day).