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Property profile & analytics
OFF-MARKET Estimated value $680,000
Commercial land

2505 Arlington Ave Indianapolis, IN 46203

8.26 ac lot
Individually Owned 4-yr Hold Free & Clear
Property ID
US31-3480353
Property summary
AI-generated overview

This exceptional 8.264-acre commercial land parcel presents a unique investment opportunity in Indianapolis, Indiana. Located at 2505 S Arlington Ave, in Marion County, zip code 46203 (latitude 39.7329722, longitude -86.0633161), this property boasts a highly desirable Commercial zoning designation, making it ideal for a wide range of commercial developments. The expansive lot size offers significant potential for various projects, benefiting from its strategic location and high traffic counts. Its proximity to major interstates ensures excellent accessibility and visibility, attracting a large customer base. This prime location within a thriving commercial area offers unparalleled potential for growth and return on investment. The property is ready for immediate development, presenting a rare chance to acquire a substantial land holding in a high-demand Indianapolis market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. All utilities are available. The property is currently vacant and ready for development. This is an excellent opportunity to acquire a large parcel of land in a high-growth area of Indianapolis.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 8.26 ac (359,979 SF)
Zoning code ZO01
APN 49-10-23-117-004.000-700
UPID US31-3480353
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
  • Dr. Margaret J. Blythe, MD Physician
  • Cynthia Reed Physician
  • Erika Green Medical Clinic
  • Lindsey Fuentes Pharmacy
  • Jennifer Baenziger Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$680k
Owner & transaction history
Rajinder Singh · 4 yrs held
Rajinder Singh
since 2021
Last sale
$700,000
1 recorded transaction
2021
$700,000
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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