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    2820 Kentucky Ave Indianapolis, IN 46221

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    For Lease
    Contact for pricing

    1.84-acre C-4 zoned lot, build-to-suit.

    Lot size:
    80,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.84-acre commercial land parcel, located at 2820 Kentucky Avenue in Indianapolis, Indiana, presents a unique opportunity for development. Situated in Marion County, this single-tenant property boasts a C-4 zoning classification, offering considerable flexibility for a variety of commercial uses. The lot's size provides ample space for new construction or redevelopment, catering to a range of business needs. Its convenient location southwest of downtown Indianapolis offers easy access to the city's core while enjoying proximity to major transportation arteries. The property is also strategically positioned approximately 10 minutes from the Indianapolis International Airport, enhancing its appeal for businesses requiring convenient air travel access. The address is 2820 Kentucky Avenue, Indianapolis, IN 46221, with a cross street of S. Tibbs Ave. This property is available for lease or build-to-suit options, providing flexibility for potential tenants or developers. The property's location and zoning make it an ideal investment for those seeking a prime commercial location in a thriving metropolitan area. The lot's size and zoning provide a strong foundation for a successful commercial venture.

    Property Features for 2820 Kentucky Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    80,150 SF

    Unit(s) available at that property

    Space
    Size
    80,150 SF
    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 Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.217794285439
    Latitude
    39.723650275743

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    FAQs

    What type of property is this?
    Land - 1.84-acre C-4 zoned lot, build-to-suit.
    Where is this land located?
    The property is located at 2820 Kentucky Ave Indianapolis, IN.
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    2820 Kentucky Ave Indianapolis, IN 46221
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    Indianapolis, IN 46221
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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
    2820 Kentucky Ave Indianapolis, IN 46221
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