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    OFF-MARKET
    Land

    3416 Raymond St, Indianapolis, IN 46203

    0.96 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.96 ac (41,818 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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