4952 Kentucky Ave Indianapolis, IN 46221
- Commercial real estate
- 2,468 SF
- 12.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4952 Kentucky Ave
- Lot size
- 12.00 lot acres
- Property size
- 2,468 SF
- Property type
- Commercial real estate
Description
This exceptional mixed-use property, located at 4952 Kentucky Avenue in Indianapolis, Indiana, presents a unique investment opportunity. The 2,468 square foot building sits on a sizable 12-acre lot, offering significant potential for commercial or retail development. Currently vacant, this property allows for complete customization to suit your business needs. The C-3 zoning permits a wide range of uses. The property boasts excellent visibility from Kentucky Avenue, providing high traffic exposure. While the front portion of the land is under separate contract, the remaining 7.8 acres, accessible from Valley Mills Road, are included in this offering. This substantial acreage provides ample space for expansion or future development. The asking price for this property is $550,000, translating to $222.85 per square foot. The property includes a main building of 2,468 square feet and several smaller outbuildings. Its convenient location offers easy access to I-465, enhancing its appeal and accessibility. This is an ideal opportunity for an investor or business owner seeking a prominent location in a rapidly growing area of Indianapolis. The property is zoned C-3, allowing for a variety of commercial uses.
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
- -86.2722585
- Latitude
- 39.6928665
