1401 Meridian St, Indianapolis, IN 46202-2304
For Sale
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This exceptional 0.12-acre commercial land parcel presents a unique investment opportunity in Indianapolis, Indiana. Strategically located at the corner of South Meridian Street and Arizona Street, this property boasts a highly desirable C-3 zoning designation, opening doors to a wide array of commercial development possibilities. Its convenient location, just over a mile from downtown Indianapolis, ensures high visibility and accessibility. The property's address is 1401 S Meridian St, Indianapolis, IN 46225, within Marion County. The asking price for this prime piece of real estate is $50,000. Given its size, zoning, and location, this lot is ideal for entrepreneurs and developers seeking a foothold in a thriving urban market. The property's proximity to downtown Indianapolis offers unparalleled access to a diverse workforce, extensive amenities, and a robust transportation network. This presents a compelling opportunity to capitalize on the city's continued growth and development. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. The lot size is precisely 0.12 acres, providing a manageable yet impactful development footprint. This is a rare chance to acquire a well-situated commercial property in a dynamic and expanding city.
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Virtusa Corporation Business Management Consultant
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Haywire Telecommunications Service Data Center
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
ZO02 · Indianapolis, INIndianapolis. Always verify with local authorities before improvements.
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.