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Cleared Commercial Development Land
For Sale
$339,000

7502 N Michigan Rd N, Indianapolis, IN 46268

Cleared development site with split zoning and a city plan supporting mixed-use redevelopment.

Property SizeContact for details
Days on Market71

Property Features for 7502 N Michigan Rd N

General Information

Standard status Active
Property subtype Land/Lot

Site & Location

Neighborhood Crooked Creek
Listing Agency: Advisors Commercial Real Estate
Listed By: Michael Wyatt ()
Source: Fortwayneareahomesforsale
Added: Aug 19 Changed: Oct 25 Last Checked: Oct 28 at 8:34AM

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 Advisors Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This cleared commercial land parcel is positioned along Michigan Road and is ready for development. The site is divided between C-3 zoning on the front half and D5 zoning on the rear half, creating distinct current land-use designations across the property.

The city plan recommends village mixed-use zoning and MU2 zoning for the site. MU2 allows residential space above commercial uses, while the property may also be zoned for doubles or quad units. The current zoning and planned-use framework provide several documented development directions for 7502 N Michigan Rd N in Indianapolis.

Key Highlights

  • Cleared lot ready for development
  • Front half along Michigan Road is zoned C‑3
  • Rear half is zoned D5

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Auto Repair Shop Pharmacy

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

416
Businesses Nearby

Demographics for 46268, IN

26,353
Population
11,904
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
2,075
Density / Sq Mi
$63,322
Median Household Income
$41,596
Median Earnings
$1,171
Median Rent
$208,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Cleared development site with split zoning and a city plan supporting mixed-use redevelopment.
Where is this commercial land located?
The property is located at 7502 N Michigan Rd N Indianapolis, IN.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Cleared lot ready for development; Front half along Michigan Road is zoned C‑3; Rear half is zoned D5
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