6450 Shadeland Ave Indianapolis, IN 46220
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.