3416 Raymond St, Indianapolis, IN 46203
This exceptional 0.96-acre commercial land parcel, located at 3416 E Raymond St in Indianapolis, Indiana (Marion County, zip code 46203), presents a unique investment opportunity. The property, identified by APN 49-10-17-133-010.000-101, is zoned C-4, allowing for a diverse range of commercial uses. Its strategic location offers excellent visibility along Raymond Street, which boasts an impressive 23,638 average annual daily traffic (AADT). The land is conveniently situated adjacent to an O'Reilly Auto Parts store, providing immediate brand recognition and potential synergy. Furthermore, its proximity to IndyGo Bus route 13 enhances accessibility. This vacant lot represents a blank canvas for developers seeking a high-traffic location with flexible zoning options. The property's size and zoning make it suitable for a variety of commercial ventures, from auto-related businesses to daycares and other permitted uses. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area of Indianapolis. The property's coordinates are 39.7384345 latitude and -86.1078801 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.