1625 Shelby St Indianapolis, IN 46203-2762
This exceptional 0.243-acre commercial property, located at 1625 Shelby St in Indianapolis, Indiana, presents a unique investment opportunity. Zoned for commercial use, this site is ideally suited for a gas station or similar retail operation. The property's address is 1625 Shelby St, situated within Marion County, Indiana, and conveniently located in the 46203 zip code. Its precise geographical coordinates are latitude 39.7456936 and longitude -86.1395156. The property's classification is retail, specifically categorized as a gas station. Given its size and zoning, this location offers significant potential for a variety of commercial ventures. The high traffic volume in this area ensures excellent visibility and accessibility for any business operating from this site. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving Indianapolis neighborhood. The property's size and zoning make it an attractive prospect for investors seeking a strong return on investment. Serious inquiries are encouraged to explore the full potential of this prime commercial real estate offering. The property is ready for immediate development or redevelopment, presenting a blank canvas for a discerning investor.
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
ZO01 · 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.