10536 E Washington St, Indianapolis, IN 46229
For Sale
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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 rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.