2935 Madison Ave Indianapolis, IN 46225
- Commercial land
- 0.78 lot acres
Current Use by Public Records
- Commercial land
Property Details for 2935 Madison Ave
- Year built
- 1959
- Lot size
- 0.78 lot acres
- Zone code
- ZO01
- Property type
- Commercial land
- APN
- 49-11-24-151-002.000-101
- APU
- 491124151002000101
Description
This 0.78-acre commercial lot in Indianapolis, IN (APN 49-11-24-151-009.000-101), boasts a prime location at a high-traffic intersection (78,000 cars daily), situated between a top-performing Family Dollar and Aldi. The C-5 zoning includes all necessary variances. Infrastructure is largely complete, including a stormwater drainage system, sanitary sewer connection, right-of-way pavement, and some existing asphalt. A 40' pylon sign is already in place with space reserved for the buyer. The site offers easy ingress/egress with five total entries/exits and excellent line-of-sight visibility due to the Aldi building setback. No median to cross on Madison Avenue simplifies access for northbound and southbound traffic. This is a truly exceptional opportunity for immediate development.
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
- -86.15
- Latitude
- 39.7235
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
