3802 Franklin Rd Indianapolis, IN 46226

Property Details for 3802 Franklin Rd

Lot size

7.42 lot acres

Zone code

ZO02

Property type

Commercial land

APN

49-07-13-103-002.000-401

APU

490713103002000401

Description

This exceptional investment opportunity presents two contiguous industrial land parcels totaling 8.69 acres, ideally situated on the northwest corner of Franklin Road and 38th Street in Indianapolis, Indiana. The property, encompassing 1.27 and 7.42 acres respectively, is zoned for industrial use and offers significant potential for development, redevelopment, or continued leasehold income. The location on Indianapolis's east side provides excellent access to major transportation arteries, ensuring convenient logistics and distribution capabilities. A key advantage of this property is the inclusion of two existing billboards, generating immediate rental income. This presents a unique opportunity to capitalize on existing revenue streams while simultaneously planning for future development. The asking price for this combined portfolio is $1,390,000. The property is located in Marion County, Indiana, with a zip code of 46226. This is a rare chance to acquire a substantial industrial land holding with established income potential in a thriving Indianapolis location. The property's size and strategic location make it suitable for a wide range of industrial uses, from warehousing and distribution to light manufacturing. Serious inquiries are encouraged.