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    1032 East St Indianapolis, IN 46225

    Sponsored
    For Sale
    $325,000

    High-traffic retail lot, C-5 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.357-acre commercial land parcel presents a remarkable investment opportunity in Indianapolis, Indiana. Located at 1032 S East St, 46225, this property boasts a highly desirable C-5 zoning designation, opening doors to a wide array of retail and commercial uses. Its strategic location offers unparalleled visibility and accessibility, situated directly adjacent to Interstate 70, ensuring significant daily traffic exposure. The lot features an impressive 100 feet of frontage, maximizing visibility and potential for signage. A nearby traffic light further enhances accessibility for customers and clients. The C-5 zoning permits the installation of a pole sign, providing an excellent opportunity for prominent branding and advertising. This property is ready for immediate development, making it an ideal choice for entrepreneurs and investors seeking a high-impact location in a thriving market. The asking price is $325,000. Don't miss this chance to secure a prime piece of Indianapolis real estate. This property is situated in Marion County.

    Property Features for 1032 East St

    General Information

    Property type
    Land
    Lot Size
    15,551 SF

    HighLights

    • $325,000 asking price for 0.357 acres of commercial land.
    • C‑5 zoning.
    • 100 feet of frontage.
    • Located near Interstate 70 and a traffic signal.
    • Pole sign permitted.
    Property Profile 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 Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.15002
    Latitude
    39.752894

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    FAQs

    What type of property is this?
    Land - High-traffic retail lot, C-5 zoning.
    Where is this land located?
    The property is located at 1032 East St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price for 0.357 acres of commercial land.; C-5 zoning.; 100 feet of frontage.
    Request Owner's contact information
    1032 East St Indianapolis, IN 46225
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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
    1032 East St Indianapolis, IN 46225
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