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    49th St Indianapolis, IN 46205

    For Sale
    Contact for pricing

    Prime SoBro location, 1 sq ft, future development.

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional property presents a unique opportunity for investors and developers seeking a foothold in Indianapolis's vibrant SoBro neighborhood. Located at the Northwest corner of 49th Street and College Avenue, this 1 square foot mixed-use parcel offers immense potential for future development. The address is precisely 49th St & College (Nwc), situated within Marion County, Indiana, and conveniently located in the 46205 zip code. Its geographic coordinates are 39.8428646 latitude and -86.1400066 longitude. Currently, the site is undeveloped, presenting a blank canvas for a visionary project. Given its prime location in a rapidly growing area, this property is ideally suited for a variety of mixed-use developments, catering to the evolving needs of the community. The strategic positioning at the intersection of 49th Street and College Avenue ensures high visibility and accessibility, making it an attractive proposition for businesses and residents alike. This is a rare chance to acquire a piece of land with significant upside potential in a thriving Indianapolis neighborhood. The property's small size presents a unique opportunity for a targeted, high-impact development. Further due diligence is recommended to fully explore the development possibilities.

    Property Features for 49th St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1 SF

    HighLights

    • Mixed‑use property located at 49th St & College (NWC), Indianapolis, IN.
    • 1 square foot lot size.
    • Situated in the SoBro neighborhood of Indianapolis.
    • Future mixed‑use development opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1400066
    Latitude
    39.8428646

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    FAQs

    What type of property is this?
    Mixed-use property - Prime SoBro location, 1 sq ft, future development.
    Where is this mixed-use property located?
    The property is located at 49th St Indianapolis, IN.
    What are key features of this property?
    This property features: Mixed-use property located at 49th St & College (NWC), Indianapolis, IN.; 1 square foot lot size.; Situated in the SoBro neighborhood of Indianapolis.
    (317) 614-9400
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    49th St Indianapolis, IN 46205
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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
    49th St Indianapolis, IN 46205
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