Commercial Land for Sale in Indianapolis, Indiana

1801 E Rd Indianapolis, IN 46227

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$700,000
0.9 acres
pending saleUnder contract

Excellent opportunity for new religious/church development! 4.56 Acre Development Site, 3 Parcel Portfolio for Sale. Zoned for Religious Use (SU-1) Also zoned, D-A (Dwelling Agriculture) and D-3 (Dwelling District Three). List price ($700,000) is for all 3 parcels ($154,525/Acre) (MLS#s: 21991753, 21991789, 21991791). Parcel #s: 49-15-19-115-019.000-500, 49-15-19-115-020.000-500, 49-15-19-115-021.000-500. Property is situated conveniently between the U.S. 31 and Madison Avenue corridors with literally hundreds of major retail, restaurant, entertainment, and service providers nearby. There is a 26' x 28' storage building on the property with loft. Building has electricity, well and septic. Municipal water and gas at easement, sanitary sewer close by. The property is an exceptional investment opportunity with multiple development options. Potential Buyers are encouraged to conduct appropriate due diligence and explore the various possibilities this property has to offer. TAX NOTE: Property is currently owned by a religious organization and is therefore exempt from property tax.

Property details

Coordinates
39.6424, -86.1265
Community
Marion - Perry
School District
Perry Township Schools
Zoning
SU-1, D-3, DA
Elevation
768 feet
MLS Number
MIBOR 21991753
Date Posted

Legal description

Parcels

  • 491519115019000500

This 0.9-acre property is located at 1801 E Rd Stop 12 in Indianapolis, IN 46227 with latitude 39.6424 and longitude -86.1265. The property is currently pending sale for $700,000 with a price per acre of $777,778. Listing data is sourced from MIBOR Service Corporation # 21991753.

Verify sale details at the property source or contact Keller Williams Indy Metro S at (317) 882-5900.

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Copyright (C) 2024 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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