Property summary
This exceptional 1.5-acre commercial property presents a unique investment opportunity in a high-traffic location. Situated at the signalized intersection of Indianapolis Boulevard and Hart Road, this B-3 zoned lot boasts over 35,000 vehicles passing daily. The property features 200 feet of frontage on US Highway 41 (a four-lane primary artery) and an additional 288 feet of frontage on Hart Road, ensuring excellent visibility and accessibility. Existing structures include a 2200 square foot, two-story brick building, currently configured as accessible sales offices, and a separate 3000 square foot building suitable for shop and storage space. The seller estimates ample parking for approximately 120 vehicles. This prime location is less than two miles from the I-80/94 interchange, providing easy access to major transportation routes. The property benefits from a strong surrounding retail environment, including national brands such as AutoZone, McDonald's, Goodyear, O'Reilly Auto Parts, and Walgreens, as well as numerous new car dealerships representing Chevrolet, Chrysler, Ford, Honda, Hyundai, Toyota, and Volkswagen. The area within a five-mile radius has a substantial population exceeding 216,000 residents and over 83,000 households, providing a large potential customer base. This property offers significant potential for a variety of retail uses.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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