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    6351 Crawfordsville Rd Indianapolis, IN 46224

    For Sale
    $1,500,000

    1.93 Acres, $1.5M Asking Price

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 1.93-acre commercial land parcel presents a unique investment opportunity in Indianapolis, Indiana. Located at 6351 Crawfordsville Rd, Marion County, this property boasts a highly desirable location with convenient access to key transportation routes. The zoning designation is ZO01, offering a range of potential development options for discerning investors. The expansive lot size provides ample space for a variety of commercial ventures, from retail establishments to light industrial uses. The property's address is clearly identified as 6351 Crawfordsville Rd, Indianapolis, IN 46224, with precise coordinates for easy location verification. The asking price for this prime commercial land is $1,500,000. The Assessor's Parcel Number (APN) is 490526102040000900. This is a rare opportunity to acquire a significant land holding in a thriving Indianapolis market. Serious inquiries are encouraged to explore the full potential of this exceptional property and its suitability for various commercial development projects. The property is ready for immediate development, offering a streamlined path to realizing your investment goals. Don't miss this chance to secure a valuable asset in a dynamic and growing area.

    Property Features for 6351 Crawfordsville Rd

    General Information

    Property type
    Land
    Lot Size
    84,071 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.273662
    Latitude
    39.799735

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    FAQs

    What type of property is this?
    Land - 1.93 Acres, $1.5M Asking Price
    Where is this land located?
    The property is located at 6351 Crawfordsville Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,500,000.
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    6351 Crawfordsville Rd Indianapolis, IN 46224
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    Indianapolis, IN 46224
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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
    6351 Crawfordsville Rd Indianapolis, IN 46224
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