49th St Indianapolis, IN 46205
This exceptional property presents a unique opportunity for investors and developers seeking a foothold in Indianapolis's vibrant SoBro neighborhood. Located at the Northwest corner of 49th Street and College Avenue, this 1 square foot mixed-use parcel offers immense potential for future development. The address is precisely 49th St & College (Nwc), situated within Marion County, Indiana, and conveniently located in the 46205 zip code. Its geographic coordinates are 39.8428646 latitude and -86.1400066 longitude. Currently, the site is undeveloped, presenting a blank canvas for a visionary project. Given its prime location in a rapidly growing area, this property is ideally suited for a variety of mixed-use developments, catering to the evolving needs of the community. The strategic positioning at the intersection of 49th Street and College Avenue ensures high visibility and accessibility, making it an attractive proposition for businesses and residents alike. This is a rare chance to acquire a piece of land with significant upside potential in a thriving Indianapolis neighborhood. The property's small size presents a unique opportunity for a targeted, high-impact development. Further due diligence is recommended to fully explore the development possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.