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Property profile & analytics
OFF-MARKET
Commercial real estate

1345 Meridian St Indianapolis, IN 46225

0.71 ac lot
Property ID
US31-1113758
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 0.71 ac (30,928 SF)
UPID US31-1113758
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • WRTV-TV Television Studio Media Distribution
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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