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Property profile & analytics
OFF-MARKET
Commercial land

6758 Gentry St Indianapolis, IN 46250-2015

0.18 ac lot
Individually Owned 4-yr Hold Free & Clear
Property ID
US31-0648316
Property summary
AI-generated overview

This exceptional 0.18-acre commercial land parcel, located at 6758 Gentry Street in Indianapolis, Indiana (Marion County, zip code 46250), presents a unique investment opportunity. The property, identified by APN 490223108001000400, is zoned C4, offering considerable flexibility for development. The site boasts excellent visibility from I-69, enhancing its commercial potential. Importantly, this lot is being offered for sale alongside three adjacent parcels and will not be sold separately. Detailed architectural and engineering drawings are available for review, outlining plans for a 9,900 square foot office warehouse building that can be subdivided into eight individual spaces. A potential sale-leaseback agreement is also being considered for a 1,500 square foot portion of the proposed development. This presents a compelling opportunity for developers seeking a strategically located site with pre-existing plans, or for investors interested in a sale-leaseback arrangement. The asking price for this prime commercial land is $125,000. Don't miss this chance to acquire a highly visible and versatile property in a thriving Indianapolis location.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.18 ac (7,920 SF)
Zoning code ZO01
APN 49-02-23-108-001.000-400
UPID US31-0648316
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Marc S Theising · 4 yrs held
Marc S Theising
since 2021
3 recorded transactions
2021
Price N/A
2021
Price N/A
1969
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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