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    1739/1795 Shadeland Ave Indianapolis, IN 46219

    For Sale
    $320,000

    Prime Indianapolis location, high visibility, MU-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.58-acre commercial land parcel presents a remarkable investment opportunity in Indianapolis, Indiana. Located at 1739/1795 N Shadeland Ave, this property boasts a highly desirable MU-2 zoning designation, opening doors to a diverse range of commercial development possibilities. Situated along the bustling Shadeland Avenue corridor, the site benefits from exceptional visibility and accessibility, ensuring high traffic counts and a substantial daytime population. Its strategic location offers convenient access to major transportation arteries, including Interstates 70 and 465, further enhancing its appeal and potential for significant return on investment. The asking price for this prime commercial land is $320,000. The property's address is precisely 1739/1795 N Shadeland Ave, Indianapolis, IN 46219, within Marion County. This is a rare chance to acquire a well-positioned commercial lot with significant development potential in a thriving Indianapolis market. The property's geographic coordinates are latitude 39.7918218 and longitude -86.0451221. Broker co-op is available.

    Property Features for 1739/1795 Shadeland Ave

    General Information

    Property type
    Land
    Lot Size
    25,265 SF
    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
    -86.0451221
    Latitude
    39.7918218

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    FAQs

    What type of property is this?
    Land - Prime Indianapolis location, high visibility, MU-2 zoning.
    Where is this land located?
    The property is located at 1739/1795 Shadeland Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $320,000.
    (317) 716-0827
    Request Owner's contact information
    1739/1795 Shadeland Ave Indianapolis, IN 46219
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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
    1739/1795 Shadeland Ave Indianapolis, IN 46219
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