Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8353 Rockville Rd Indianapolis, IN 46234

    For Sale
    Contact for pricing

    Prime .84-acre commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.84-acre commercial land parcel presents a remarkable investment opportunity in Indianapolis, Indiana. Situated at the southwest corner of Rockville Road (US 36) and Country Club Road, this C1-zoned lot offers unparalleled visibility and accessibility. Shared access with established Ruoff Mortgage offices ensures convenient ingress and egress. The property's strategic location boasts high traffic counts of 38,686 AADT at the nearest intersection, placing it within a thriving retail corridor. Its proximity to I-465, Avon, and Ronald Reagan Parkway further enhances its appeal. A pre-configured site plan suggests potential for a 3,200 square foot building with a drive-thru, ideal for a bank, freestanding retail establishment, retail center, or quick-service restaurant. The area is densely populated with major retailers including Target, Meijer, Menards, Kroger, and many more, creating a strong retail environment. Rezoning is a possibility, providing flexibility for a variety of development options. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a rapidly growing area. Don't miss this chance to capitalize on this prime location. The property is located at 8353 Rockville Road, Indianapolis, IN 46234, in Marion County.

    Property Features for 8353 Rockville Rd

    General Information

    Property type
    Land
    Lot Size
    36,590 SF

    HighLights

    • 0.84‑acre commercial land parcel in Indianapolis, IN.
    • C1 zoning (rezoning potential).
    • Located at the southwest corner of Rockville Road (US 36) and Country Club Road, with shared access to Ruoff Mortgage.
    • High traffic count location (38,686 AADT) near major retailers including Kroger, Target, Meijer, and more.
    • Suitable for a variety of uses, including retail, restaurant (with drive‑thru), or a 3,200 SF bank with drive‑thru.
    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
    -86.308379
    Latitude
    39.763574

    Nearby Similar for Sale

    • New
      $1,300,000
      13,400 SF

      Indianapolis Multi-Family Investment Opportunity

      17-unit rental portfolio near I-465 with diverse unit types.
      3805 Biscayne Rd, Indianapolis, IN 46226
      View Details
    • $449,900
      Pending

      Turnkey Duplex in Downtown Indianapolis

      Luxury duplex with modern finishes and strong rental income.
      1036 N Parker Ave, Indianapolis, IN 46201
      View Details
    • $749,800
      0.26 Acres

      New Construction Duplex in Indianapolis

      Modern duplex near Monon, ideal for investors or owner-occupants.
      2051-2053 Columbia Ave, Indianapolis, IN 46202
      View Details
    • $425,000
      2,156 SF

      Indianapolis Mixed-Use Property with Daycare

      Two-bedroom home with daycare business opportunity on a large lot.
      839 S Lynhurst Dr, Indianapolis, IN 46241
      View Details
    • $205,000
      0.14 Acres

      Indianapolis Duplex Near Eastside

      3-bedroom, 1-bath duplex near downtown Indianapolis.
      1018 N Tuxedo St, Indianapolis, IN 46201
      View Details
    • $375,000
      0.13 Acres

      Updated Duplex Near Monon Trail

      Renovated duplex near Monon Trail, ideal for investors.
      2321 Guilford Ave, Indianapolis, IN 46205
      View Details

    FAQs

    What type of property is this?
    Land - Prime .84-acre commercial lot
    Where is this land located?
    The property is located at 8353 Rockville Rd Indianapolis, IN.
    What are key features of this property?
    This property features: 0.84-acre commercial land parcel in Indianapolis, IN.; C1 zoning (rezoning potential).; Located at the southwest corner of Rockville Road (US 36) and Country Club Road, with shared access to Ruoff Mortgage.
    Request Owner's contact information
    8353 Rockville Rd Indianapolis, IN 46234
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8353 Rockville Rd
    Indianapolis, IN 46234
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8353 Rockville Rd Indianapolis, IN 46234
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.