8701 Southport Rd Indianapolis, IN 46259-9699
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.
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Southern Meadows Senior Apartments Apartment Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INIndianapolis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.