Listing Agency: Midland Atlantic Properties Show Phone

Listed By: Will Berens · License #IN

Source: Crexi

Added: Jan 15, 2024 Changed: Aug 26 Last Checked: Aug 26 at 5:00PM

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Investment Insights

Based on property information with market context.

This commercial land parcel is accessible from S. Meridian Street and Griffin Road. It is zoned C-3, permitting drive-thru operations. The location is minutes from downtown Indianapolis and benefits from exposure to over 30,000 vehicles per day. Situated in a densely populated area, the property is close to Perry Meridian Middle and High School. Utilities are available to the site, and a full access curb cut is in place.

Key Highlights

• Exposure to over 30,000 vehicles per day
• Drive‑thru permitted
• Zoned C‑3

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Pharmacy Big Box & Wholesale Store Parking Lot & Garage

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

227

Businesses Nearby

Explore this area Business Placement

Demographics for 46217, IN

34,725

Population

14,078

Households

2.5

Avg Household Size

35

Median Age

33%

College-Educated

89%

High-School Grad

21.2 sq mi

ZIP Area

1,638

Density / Sq Mi

$88,326

Median Household Income

$46,909

Median Earnings

$1,370

Median Rent

$226,100

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land with drive-thru potential near downtown Indianapolis.

Where is this commercial land located?

The property is located at 7555 S Meridian St Indianapolis, IN.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: Exposure to over 30,000 vehicles per day; Drive‑thru permitted; Zoned C‑3