3506 East St Indianapolis, IN 46227
- Land
Current Use by Public Records
- Firestone Complete Auto Care / Tire Shop / Auto Air Conditioning Service
Property Details for 3506 East St
- Property type
- Land
Description
This exceptional 21,780 square foot commercial land parcel, identified as Felbram Plaza Out-Lot #4, presents a compelling investment opportunity in Indianapolis, Indiana. Located at 3506 S East St, in Marion County, zip code 46227, this property is zoned for commercial use and boasts a highly desirable location. The site benefits from the presence of a strong and stable anchor tenant, Shoppers World, ensuring consistent foot traffic and visibility. Recent development activity in the immediate vicinity, including the addition of 7Brew and Take5, underscores the area's robust growth and appeal to national and regional businesses. Daily traffic counts exceeding 19,000 vehicles further highlight the exceptional exposure this property offers. Priced at $750,000, this outlot represents a rare chance to acquire a strategically positioned commercial land parcel in a thriving Indianapolis market. The property's size and location make it ideal for a variety of commercial developments, capitalizing on the existing strong tenant mix and high traffic volume. This is a prime opportunity for investors seeking significant return on investment in a dynamic and established commercial area.
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
- -86.1493
- Latitude
- 39.712
