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    3838 96Th St Indianapolis, IN 46268

    Sponsored
    For Sale
    $610,000

    0.78-Acre Lot, B7 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.78-acre commercial land parcel presents a remarkable investment opportunity in Indianapolis, Indiana. Located at 3838 W. 96th St, in Hamilton County, zip code 46268, this property is zoned B7, offering a wide range of potential commercial development options. The expansive lot size provides ample space for various projects, catering to diverse business needs. Its strategic location within Indianapolis ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in a thriving market. The asking price for this prime commercial land is $610,000. Given the desirable zoning and substantial lot size, this property represents a significant value proposition for discerning investors and developers seeking to establish a strong foothold in the Indianapolis commercial real estate landscape. The property's coordinates are 39.9265676 latitude and -86.2268467 longitude. Serious inquiries are encouraged to explore the full potential of this exceptional offering and capitalize on this rare opportunity to acquire a highly desirable commercial land parcel in a prime Indianapolis location. This is a chance to build your business in a rapidly growing area. Don't miss out on this exceptional investment opportunity.

    Property Features for 3838 96Th St

    General Information

    Property type
    Land
    Lot Size
    33,977 SF

    HighLights

    • 0.78‑acre commercial land parcel in Indianapolis, IN.
    • Located at 3838 W. 96th St., Hamilton County, 46268.
    • Zoned B7, allowing diverse commercial development.
    • Asking price: $610,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Hamilton
    State
    Indiana
    Longitude
    -86.2268467
    Latitude
    39.9265676

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    FAQs

    What type of property is this?
    Land - 0.78-Acre Lot, B7 Zoning
    Where is this land located?
    The property is located at 3838 96Th St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $610,000.
    What are key features of this property?
    This property features: 0.78-acre commercial land parcel in Indianapolis, IN.; Located at 3838 W. 96th St., Hamilton County, 46268.; Zoned B7, allowing diverse commercial development.
    Request Owner's contact information
    3838 96Th St Indianapolis, IN 46268
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    Indianapolis, IN 46268
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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
    3838 96Th St Indianapolis, IN 46268
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