1422 Astor St Indianapolis, IN 46222
- Dormitories
- 3.20 lot acres
Current Use by Public Records
- White River Scenic Viewpoint / Park
Property Details for 1422 Astor St
- Lot size
- 3.20 lot acres
- Property type
- Dormitories
- Property subtype
- Student housing
- APN
- 49-11-03-173-004.000-101
Description
This exceptional 3.2-acre site in Indianapolis, IN, presents a remarkable redevelopment opportunity. Located at 1422 Astor Street, near the White River Parkway, it boasts spectacular views of downtown Indianapolis and the White River. Its strategic location across from IUPUI campus, Eskenazi Hospital, and Riley Children's Hospital, and blocks from the Indianapolis Zoo and White River Gardens, ensures high demand. The property, designated APN 49-11-03-173-004.000-101, is zoned for multi-family development, making it ideal for student housing or a hotel. The site's proximity to public transportation, shopping, and entertainment venues, coupled with ongoing city infrastructure improvements and revitalization efforts, promises strong returns. This mixed-use property presents a unique chance to capitalize on Indianapolis's thriving real estate market and contribute to its continued growth. The substantial lot size allows for significant development potential, catering to the increasing need for modern housing in this vibrant area. This is a truly exceptional investment opportunity in a rapidly developing part of the city. All information is deemed reliable but not guaranteed.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.186119
- Latitude
- 39.770305
