950 Hanna Ave Indianapolis, IN 46217
- Commercial real estate
- 7.78 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 950 Hanna Ave
- Lot size
- 7.78 lot acres
- Property type
- Commercial real estate
- APN
- 49-11-26-105-007.000-500
Description
This exceptional 7.78-acre agricultural property, located at 950 W Hanna Ave, Indianapolis, IN 46217 (APN: 49-11-26-105-007.000-500), presents a compelling investment opportunity. Currently zoned for agricultural use, the land boasts two existing structures: a greenhouse and a house. Its strategic location offers unparalleled connectivity and access to key infrastructure. Situated adjacent to a railroad line, the property benefits from convenient access to a major interstate exit and nearby amenities, including truck stops. The property's proximity to a large industrial area to the west, across the railroad tracks, further enhances its potential. The site is easily accessible from a busy road with excellent connections to arterial roads, making it ideal for various development possibilities. The asking price for this remarkable property is $1,000,000. This substantial acreage, combined with its strategic location and existing improvements, presents a rare opportunity for investors seeking significant returns in a rapidly developing area of Marion County. The property's agricultural zoning, coupled with its proximity to industrial zones and major transportation routes, makes it a highly desirable asset with tremendous potential for future growth and development.
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
- -86.1765191
- Latitude
- 39.7075237
