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    2935 Madison Ave Indianapolis, IN 46225

    For Sale
    Contact for pricing

    High-traffic, shovel-ready site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This 0.78-acre commercial lot in Indianapolis, IN (APN 49-11-24-151-009.000-101), boasts a prime location at a high-traffic intersection (78,000 cars daily), situated between a top-performing Family Dollar and Aldi. The C-5 zoning includes all necessary variances. Infrastructure is largely complete, including a stormwater drainage system, sanitary sewer connection, right-of-way pavement, and some existing asphalt. A 40' pylon sign is already in place with space reserved for the buyer. The site offers easy ingress/egress with five total entries/exits and excellent line-of-sight visibility due to the Aldi building setback. No median to cross on Madison Avenue simplifies access for northbound and southbound traffic. This is a truly exceptional opportunity for immediate development.

    Property Features for 2935 Madison Ave

    General Information

    Property type
    Land
    Lot Size
    33,977 SF

    HighLights

    • PRICE REDUCTION.
    • Shovel‑ready 0.78‑acre site at a high‑traffic intersection (78,000 cars daily).
    • Excellent daily traffic counts, seven days a week.
    • Situated between top‑performing Family Dollar and Aldi stores.
    • C‑5 zoning with all necessary variances approved.
    • Complete stormwater drainage system and plan.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.150491260064
    Latitude
    39.723177141491

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    FAQs

    What type of property is this?
    Land - High-traffic, shovel-ready site
    Where is this land located?
    The property is located at 2935 Madison Ave Indianapolis, IN.
    What are key features of this property?
    This property features: PRICE REDUCTION.; Shovel-ready 0.78-acre site at a high-traffic intersection (78,000 cars daily).; Excellent daily traffic counts, seven days a week.
    (317) 284-5534
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    2935 Madison Ave Indianapolis, IN 46225
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    Indianapolis, IN 46225
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2935 Madison Ave Indianapolis, IN 46225
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