4019 Shelby St Indianapolis, IN 46227
- Land
- 0.59 lot acres
Current Use by Public Records
- Land
Property Details for 4019 Shelby St
- Lot size
- 0.59 lot acres
- Property type
- Land
Description
This exceptional 0.594-acre commercial land parcel presents a compelling development opportunity in Indianapolis, Indiana. Strategically located at 4019 Shelby St, within Marion County, and boasting a desirable C3 zoning classification, this property offers significant potential for a variety of commercial ventures. The site is part of a larger five-lot assemblage, encompassing addresses 4019 Shelby St and 4019, 4033, and 4035 Weaver Ave. Its advantageous position provides approximately 200 feet of frontage along Shelby Street and Weaver Avenue, extending 135 feet in depth to an alley. The property benefits from high visibility and accessibility, situated adjacent to the University of Indianapolis. A signalized intersection at Shelby Street and Hanna Avenue further enhances its appeal. High traffic counts support the site's commercial viability, with 16,950 average daily traffic (ADT) recorded at Shelby Street and Hanna Avenue, and 14,931 ADT on Shelby Street just south of the property. This prime location, combined with its generous size and favorable zoning, makes this an exceptional investment opportunity for developers seeking a high-impact commercial project in a thriving Indianapolis neighborhood. The zip code is 46227. The property's coordinates are latitude 39.7078365 and longitude -86.1390487.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.139
- Latitude
- 39.7078
