3650 Mitthoefer Rd Indianapolis, IN 46235

Property Details for 3650 Mitthoefer Rd

Lot size

2.26 lot acres

Zone code

ZO01

Property type

Commercial land

APN

49-08-20-113-002.001-701

APU

490820113002001701

Description

This exceptional 2.26-acre vacant commercial land parcel presents a remarkable investment opportunity in Indianapolis, Indiana. Located at 3650 N Mitthoefer Rd, in Marion County, zip code 46235, this property boasts a strategic location within a thriving retail corridor. The asking price is $339,000, translating to a land value of $3.44 per square foot. The site benefits from a high concentration of residents and employees within a short radius. Over 5,900 people live within one mile, and more than 32,900 reside within three miles. Furthermore, the area boasts a robust daytime workforce, with over 26,400 employees within a three-mile radius. This strong demographic profile is further enhanced by a projected 1.13% population growth within a one-mile radius over the next five years. The property's immediate surroundings include several national retailers, such as Walmart, Goodwill, Starbucks, and McDonald's, ensuring high visibility and accessibility. This prime location offers significant potential for various commercial developments, making it an ideal investment for discerning buyers seeking a high-growth area with established infrastructure and strong consumer demand. The property is ready for immediate development.

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Longitude

-85.9925

Latitude

39.8239

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments