3721 Sutherland Ave Indianapolis, IN 46218
- Commercial real estate
- 5,250 SF
- 1.24 lot acres
Current Use by Public Records
- Politan Steel Fabrication Inc. / Steel Fabricator / Iron Steel Contractor
Property Details for 3721 Sutherland Ave
- Year built
- 1946
- Construction
- METAL FRAME
- Lot size
- 1.24 lot acres
- Property size
- 5,250 SF
- Zone code
- ZO01
- Property type
- Commercial real estate
- APN
- 49-07-19-109-004.000-101
- APU
- 490719109004000101
Description
This exceptional 2-acre land parcel presents a unique investment opportunity in Indianapolis, Indiana. Located at 3721 Sutherland Avenue, in Marion County (zip code 46218), this property is ideally situated within a thriving portfolio of five buildings, primarily housing research and development (R&D) organizations. These organizations maintain close ties with the Crane Naval Station, the largest single-site employer in Southern Indiana, creating a robust and stable economic environment. The site offers flexibility for various development scenarios, including build-to-suit projects, ground leases, or joint ventures. Its strategic location provides easy access to a highly skilled workforce and a supportive ecosystem for innovation. The property's zoning allows for both commercial and residential development, offering diverse possibilities for investors. The area is experiencing significant growth, with numerous new tenants and developments underway, further enhancing the long-term value proposition. This location boasts excellent accessibility, being approximately 90 minutes south of Indianapolis, 75 minutes north of Evansville, and 30 minutes south of Bloomington, Indiana. This prime location, coupled with the surrounding R&D community, including Purdue University affiliated entities, makes this a compelling opportunity for businesses seeking to establish a presence in a dynamic and strategically important region. The property is ready for immediate development, offering a rare chance to capitalize on the burgeoning growth in this 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
- -86.1304
- Latitude
- 39.8238
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
