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Property profile

1820 Arlington Ave Indianapolis, IN 46203

OFF-MARKET
Land
23 ac lot
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Property summary

AI-generated overview

This exceptional 23.637+/- acre property, located at 1820 S Arlington Ave, Indianapolis, IN 46203, presents a rare opportunity in Marion County. Zoned for residential use, this expansive lot offers 865 feet of frontage on Arlington Avenue and includes two additional lots situated on Silver Lane Road. The land is predominantly wooded, providing a secluded feel despite its convenient location near schools and major roadways. Its central Indianapolis location offers the unique advantage of a tranquil, wooded setting while remaining easily accessible to urban amenities. The property's natural features include a creek, adding to its scenic appeal. The substantial acreage presents diverse development possibilities, ranging from constructing a single, expansive residence to subdividing and selling smaller parcels. This is an ideal investment for those seeking a large, secluded lot within the city limits, offering both privacy and convenience. The property is situated north of Raymond Street and easily accessible via the two lots at the end of Silver Lane Road (east side). The asking price for this remarkable property is $400,000.

Property profile

Verified
Property type Land
Lot 23 ac (1,001,880 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1820 Arlington Ave Indianapolis, IN 46203
Indianapolis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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