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Property profile & analytics
OFF-MARKET
Land

6450 Shadeland Ave Indianapolis, IN 46220

4.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.45-acre commercial land parcel presents a unique investment opportunity in Indianapolis, Indiana. Located at 6450 Shadeland Ave, Marion County, zip code 46220 (APN: 49-02-35-103-001.000-400), this property boasts unparalleled visibility and accessibility. The site offers 770 feet of frontage along I-465, enjoying exposure to an average daily traffic count of 527 vehicles (192,426 annually), and an additional 749 feet of frontage along Shadeland Ave, with an average daily traffic count of 61 vehicles (22,257 annually). The land itself is characterized by a wooded, rolling terrain, providing a naturally attractive setting for development. Furthermore, accessible utilities are readily available, simplifying the construction process. Zoned C-1, this property is ideally suited for a variety of commercial uses, making it an attractive prospect for developers and investors seeking a high-impact location with significant development potential. The asking price for this remarkable property is $600,000. Don't miss this chance to acquire a premier commercial site in a thriving Indianapolis location.

Property profile
Verified
Property type Land
Lot 4.45 ac (193,842 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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