Technical
Financial
Distress signals
Property profile

6801 E Troy Ave Indianapolis, IN 46203

FOR SALE
Land
Property ID
US31-0479279
4.08 ac lot
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Property summary

AI-generated overview

This exceptional 4.08-acre parcel presents a unique investment opportunity in Indianapolis, Indiana. Strategically located along I-465 Southbound, the property boasts high visibility to thousands of vehicles daily, making it ideal for various commercial ventures. The Indy Comprehensive Plan designates the land for "Light Industrial" use, opening doors to potential developments such as truck or equipment parking, and road signage along the interstate. Currently zoned DA (Dwelling-Agriculture), the property requires due diligence by the buyer for any development plans. A significant easement for power lines is present on the parcel. The property's high traffic count and strategic location offer significant potential for future growth and return on investment. Note that an adjacent parcel (6701 E Troy Ave) is also available for purchase. This property is situated in Marion County, Indiana, with the address 6801 E Troy Ave, Indianapolis, IN 46203.

Property profile

Verified
Property type Land
Lot 4.08 ac (177,725 SF)
UPID US31-0479279

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6801 E Troy Ave Indianapolis, IN 46203
Indianapolis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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