10536 Washington StIndianapolis, IN 46229

Property Details for 10536 Washington St

Year built

1989

Lot size

1.08 AC

Property size (Sq ft)

3,530 SF

Property type

Turn key restaurants

APN

49-09-04-120-001.000-700

APU

490904120001000700

Description

This exceptional 0.61-acre commercial land parcel is ideally situated at 10536 East Washington Street in Indianapolis, Indiana, zip code 46229, within Marion County. The property boasts a highly desirable C-4 zoning designation, making it suitable for a wide range of retail developments. Its strategic location offers unparalleled visibility and accessibility, situated directly on Washington Street, a major thoroughfare experiencing approximately 35,000 vehicles per day. This high traffic count ensures significant exposure for any business established on this site. The land's proximity to the Washington Square Mall and numerous other major retailers provides a synergistic advantage, attracting customers and enhancing the overall commercial viability of the property. The asking price for this prime retail land opportunity is $385,000. This presents a unique investment chance for developers and entrepreneurs seeking a high-impact location with substantial growth potential. The property's size and zoning make it an attractive option for a variety of commercial ventures. Don't miss this chance to secure a prominent position in a thriving Indianapolis retail corridor.

• CAP approach

  CAP return

  Valuation

  6%

  $766,306

  6.5%

  $707,360

  7%

  $656,834

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,104,745

  Geo Method

  $1,104,745

• Alternative Use

  Use

  Valuation

  Residential

  $596,684

  Hospitality

  $546,560

  Educational

  $454,731

  Medical

  $470,370

  Retail

  $707,360

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7759

Longitude

-85.9799

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.