9740 25Th St Indianapolis, IN 46229
- Commercial real estate
- 8.61 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 9740 25Th St
- Lot size
- 8.61 lot acres
- Property type
- Commercial real estate
- APN
- 49-08-29-141-001.000-700
Description
This exceptional 8.605-acre parcel, located at 9740 E 25th St, Indianapolis, IN 46229 (APN 49-08-29-141-001.000-700), presents a remarkable multifamily development opportunity. Currently zoned D-6II, this fee simple property is ideally suited for apartments, assisted living facilities, or senior housing. The asking price is $473,330, translating to $55,000 per acre. Its strategic location near the intersection of E. 25th Street and N. Mitthoefer Street offers excellent accessibility and visibility. The site benefits from its proximity to major transportation arteries, including I-70, and enjoys close proximity to a variety of retail amenities, including Lowe's, Home Depot, Family Dollar, and Dollar General, as well as the Post Road Industrial Park. While the zoning permits multifamily development, alternative uses such as self-storage would require a zoning change. This property represents a compelling investment prospect in a rapidly growing area of Indianapolis. The land's size and zoning make it a highly attractive option for developers seeking a prime location for a new multifamily project. Serious inquiries are encouraged.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -85.994459
- Latitude
- 39.80695
