1240 Stop 11 Rd Indianapolis, IN 46227
- Office Properties & Spaces
- 900 SF
- 0.50 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1240 Stop 11 Rd
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 0.50 lot acres
- Property size
- 900 SF
- Zone code
- ZO01
- Property type
- Office Properties & Spaces
- APN
- 49-15-18-116-004.000-500
- APU
- 491518116004000500
Description
This 900-square-foot retail property, located at 1240 E Stop 11 Rd in Indianapolis, Indiana, presents a compelling investment opportunity. Built in 1985, the building sits on a sizable 21,950-square-foot lot and is zoned C4. Currently, 912 square feet are available for lease, offering a chance to establish or expand a business in a thriving commercial area. The property boasts ample parking with 44 spaces available for approximately 1,000 square feet of building space. Its prime location on a busy street and intersection benefits from strong demographics and a powerful trade area. The surrounding area is anchored by major retailers and restaurants, including Greenwood Park Mall, Walmart, Portillo's, Burlington, At Home, PetSmart, McDonald's, City Barbecue, Dunkin', and McAlister's, ensuring high foot traffic and visibility. This presents a unique opportunity to capitalize on the established success of neighboring businesses and tap into a robust consumer base in Marion County, Indiana, zip code 46227. The property's multiple tenancy allows for flexibility and potential for future expansion. This is an exceptional opportunity for a business seeking a high-visibility location in a densely populated and commercially active area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.1362
- Latitude
- 39.6504
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
