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Property profile & analytics
OFF-MARKET
Mixed-use properties

49th St Indianapolis, IN 46205

1 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Total area 1 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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