1345 Meridian St Indianapolis, IN 46225
This exceptional .71-acre commercial land parcel presents a unique investment opportunity in Indianapolis, Indiana. Located at 1345 S. Meridian Street, this property boasts unparalleled visibility and accessibility due to its direct frontage on Meridian Street. The site is strategically positioned approximately 1.5 miles from downtown Indianapolis, placing it within a rapidly developing area. Zoned C-4, this land offers significant potential for a variety of retail uses, making it an ideal location for businesses seeking high traffic and exposure. The 0.71-acre lot provides ample space for development, catering to a range of project sizes and scopes. Its proximity to the city center ensures convenient access to a large customer base and a vibrant urban environment. This property is ready for immediate development, offering a rare chance to capitalize on the growth and potential of this thriving Indianapolis location. The address is 1345 S Meridian St, Indianapolis, IN 46225. The asking price is $499,900. Broker cooperation is available.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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