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    2225 Meridian St Indianapolis, IN 46208

    Sponsored
    For Sale
    Contact for pricing

    Prime Indianapolis location, 0.54 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.54-acre commercial land parcel presents a unique investment opportunity in the vibrant Indianapolis market. Located at 2225 N Meridian St, in Marion County, Indiana, zip code 46208, this property boasts over 150 feet of frontage along the highly visible Meridian Street. The property is zoned C4, offering a wide range of potential commercial development options. Its central location provides excellent access to major transportation routes, ensuring high visibility and convenient accessibility for businesses and customers alike. The 0.54-acre lot provides ample space for a variety of commercial ventures, from retail establishments to office buildings, or other permitted uses under the C4 zoning designation. This is a rare opportunity to acquire a strategically located commercial land parcel in a thriving Indianapolis neighborhood. The asking price for this property is $1. Serious inquiries are encouraged to explore the possibilities this prime location offers. The property's coordinates are 39.79781114046153 latitude and -86.15707914460123 longitude.

    Property Features for 2225 Meridian St

    General Information

    Property type
    Land
    Lot Size
    23,522 SF

    HighLights

    • $1 Asking Price for 0.54‑acre land parcel.
    • C4 Zoning.
    • Located at 2225 N Meridian St, Indianapolis, IN 46208.
    • Over 150 feet of frontage on Meridian Street.
    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 Indianapolis location, 0.54 acres.
    Where is this land located?
    The property is located at 2225 Meridian St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: $1 Asking Price for 0.54-acre land parcel.; C4 Zoning.; Located at 2225 N Meridian St, Indianapolis, IN 46208.
    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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