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    2225 Meridian St Indianapolis, IN 46208

    For Lease
    Contact for pricing

    Prime Commercial Land: Lease or Buy.

    Lot size:
    23,522 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.54-acre commercial land parcel presents a unique investment opportunity. Located at 2225 N Meridian St., this property boasts over 150 feet of frontage along Meridian Street, providing excellent visibility and accessibility for any business. The zoning designation is C4, offering a wide range of potential uses. The single-tenant nature of the land allows for flexibility in development and design, catering to a variety of commercial ventures. This strategically located parcel is ideal for businesses seeking high-traffic exposure and a prominent presence on a major thoroughfare. Its size makes it suitable for a variety of commercial developments, from retail establishments to office spaces, or potentially even a mixed-use project. The property's prime location and substantial street frontage make it an attractive proposition for investors and developers alike. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel offers. The property is available for both lease and sale, providing options to suit diverse investment strategies. Detailed information regarding zoning regulations and potential development plans can be provided upon request. Don't miss this chance to acquire a highly desirable commercial property in a thriving location.

    Property Features for 2225 Meridian St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,522 SF

    Unit(s) available at that property

    Space
    Size
    23,522 SF

    HighLights

    • 0.54‑acre commercial land parcel for sale or lease.
    • Single‑tenant property.
    • Over 150 feet of frontage on Meridian Street.
    • C4 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -86.157079144601
    Latitude
    39.797811140462

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land: Lease or Buy.
    Where is this land located?
    The property is located at 2225 Meridian St Indianapolis, IN.
    What are key features of this property?
    This property features: 0.54-acre commercial land parcel for sale or lease.; Single-tenant property.; Over 150 feet of frontage on Meridian Street.
    Request Owner's contact information
    2225 Meridian St Indianapolis, IN 46208
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    Indianapolis, IN 46208
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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
    2225 Meridian St Indianapolis, IN 46208
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