7555 Meridian St Indianapolis, IN 46217
This exceptional 1.36-acre commercial land parcel presents a unique investment opportunity in Indianapolis, Indiana. Strategically located on the south side in Perry Township, this property boasts high visibility and accessibility. The site is situated at the corner of South Meridian Street and Griffin Road, benefiting from exposure to over 30,000 vehicles daily. This high-traffic location ensures maximum brand visibility and potential for significant customer reach. The property consists of two parcels, totaling 1.36 acres, and is zoned C-3, offering flexibility for a wide range of commercial developments. Its proximity to downtown Indianapolis (minutes away) and the densely populated area surrounding Perry Meridian Middle and High School makes it an attractive location for businesses seeking a strong customer base. The asking price for this prime commercial land is $950,000. This presents a compelling opportunity to acquire a highly visible and accessible property in a thriving Indianapolis neighborhood. The address is 7555 S Meridian St, Indianapolis, IN 46217, within Marion County. Detailed zoning information and development possibilities are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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