3512 N College Ave Indianapolis, IN 46205
For Sale
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This exceptional 0.79-acre commercial land parcel presents a remarkable investment opportunity in Indianapolis, Indiana. Located at 3512 N College Ave, in the vibrant Marion County, zip code 46205, this property boasts a prime location and significant development potential. Currently zoned C-3, the land offers flexibility for a diverse range of uses, including mixed-use or residential development. The expansive lot encompasses approximately 40,442 square feet and comprises seven individual parcels, providing options for various development scenarios. The addresses included within this offering are 646 Fairfield Ave and 3510, 3512, 3514, 3516, 3516, and 3520 N College Ave. This strategic location offers excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. The asking price for this significant land holding is $300,000. Don't miss this chance to acquire a highly desirable property in a thriving Indianapolis neighborhood. Serious inquiries are encouraged.
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
No recorded transactions found for this property.
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.