3309 Arlington Ave Indianapolis, IN 46203
- Land
- 9.42 lot acres
Current Use by Public Records
- Land
Property Details for 3309 Arlington Ave
- Lot size
- 9.42 lot acres
- Property type
- Land
Description
This exceptional 9.42-acre parcel presents a unique opportunity for residential development on Indianapolis's southeast side. Currently zoned DA (Residential), the property requires rezoning before construction can begin. However, its strategic location offers significant potential. Directly north lies a D-6II zoned multifamily development, and to the south sits an I-2 zoned industrial development, suggesting a favorable environment for future residential projects. The existing structures on the property, an older house and pole barn, are slated for demolition, clearing the way for a fresh start. The asking price for this expansive lot is $500,000. The property is conveniently located at 3309 S Arlington Ave, Indianapolis, IN 46203, in Marion County. Its size and proximity to existing developments make it an attractive investment for developers seeking to capitalize on the growing residential demand in this area. Detailed site plans and zoning information are available upon request. This is a rare chance to acquire a substantial tract of land with significant upside potential in a rapidly developing part of Indianapolis.
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
- -86.0636
- Latitude
- 39.7188
