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Property profile & analytics
OFF-MARKET
Commercial land

8701 Southport Rd Indianapolis, IN 46259-9699

5.32 ac lot
Individually Owned Free & Clear
Property ID
US31-0268793
Property summary
AI-generated overview

This exceptional 5.32-acre commercial land parcel presents a unique investment opportunity in Indianapolis, Indiana. Located at 8701 E Southport Road, in Marion County, zip code 46259, this property boasts a highly desirable C-3 zoning designation, opening doors to a wide array of commercial development possibilities. The asking price is $798,000, translating to an attractive price per acre of $150. The property's expansive size offers significant potential for various commercial ventures, from retail establishments and restaurants to light industrial uses. Its strategic location within Indianapolis provides easy access to major transportation routes, ensuring high visibility and convenient accessibility for potential businesses and customers. Detailed site plans and zoning information are readily available upon request. This is an exceptional opportunity to acquire a substantial commercial land holding in a thriving Indianapolis market. The property's size and zoning make it an ideal candidate for a variety of development projects, promising strong returns on investment. Don't miss this chance to secure a prime piece of Indianapolis real estate. Contact us today to learn more and schedule a site visit.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 5.32 ac (231,783 SF)
Zoning code ZO01
APN 49-16-18-100-019.001-300
UPID US31-0268793
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
Current use
Occupant on record · Public records
  • Southern Meadows Senior Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
David Scott Derrberg
David Scott Derrberg
since 2025
2 recorded transactions
2025
Price N/A
2021
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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