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    7916 Southport Rd Indianapolis, IN 46259

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    12.67 Acres, High Visibility, DA Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12.67-acre site presents a prime retail investment opportunity in Indianapolis, Indiana. Located at 7916 E Southport Rd, this property boasts over 590 feet of frontage on a major thoroughfare, ensuring excellent visibility and accessibility. Its strategic location near established businesses like Kroger and McDonald's guarantees high traffic volume and a strong customer base. The property is zoned DA, offering flexibility for a variety of retail developments. The surrounding area is experiencing significant growth, with an expanding residential and multi-family trade area, promising a robust and increasing customer pool. City utilities are conveniently located near the site, simplifying infrastructure development. This is an unparalleled chance to capitalize on the burgeoning retail market in Franklin Township, Indianapolis. The expansive acreage and high-traffic location make this a truly exceptional investment opportunity. The property's prime location and zoning make it ideal for a variety of retail uses, catering to the needs of the growing community. Don't miss this chance to secure a prominent position in a thriving market. This is a rare opportunity to acquire a large parcel of land in a high-demand area.

    Property Features for 7916 Southport Rd

    General Information

    Property type
    Lifestyle centers

    HighLights

    • 590+ feet of Southport Road frontage.
    • 12.67 acres available.
    • High visibility location.
    • Southport Road location, near Kroger & McDonald's.
    • DA zoning.
    • Strong residential & multi‑family growth area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0267965
    Latitude
    39.6667092

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    FAQs

    What type of property is this?
    Lifestyle center - 12.67 Acres, High Visibility, DA Zoning
    Where is this lifestyle center located?
    The property is located at 7916 Southport Rd Indianapolis, IN.
    What are key features of this property?
    This property features: 590+ feet of Southport Road frontage.; 12.67 acres available.; High visibility location.
    Request Owner's contact information
    7916 Southport Rd Indianapolis, IN 46259
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    Indianapolis, IN 46259
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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
    7916 Southport Rd Indianapolis, IN 46259
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