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3214 N Dr Martin Luther King Jr St
Indianapolis, IN 46208
Land For Sale
·
0.67 AC
Investment Highlights
- Heavy Day Time HWY Traffic
Executive Summary
Zoning: C-4 (Commercial)
Use Potential: Retail, office, service, auto, fast food, redevelopment
Location: High visibility on Dr. MLK Jr. St with strong traffic counts
Access: Convenient to I-65 and major arterials
Investment Appeal: Dense trade area, redevelopment opportunity, owner-user or investor potential
Utilities: Available nearby; buyer to verify
Investment Highlights:
Dense trade area with strong demographics
High redevelopment potential in a growing Midtown corridor
Suitable for owner-user or investor acquisition
Notes for Brokers / Buyers:
Property is offered as-is
Utilities available nearby; buyer to verify connection
Long-term value from redevelopment or commercial leasing
Property Facts
1 Lot Available
Lot 1
| Price | $478,940 CAD | Lot Size | 0.67 AC |
| Price Per AC | $717,405.62 CAD |
| Price | $478,940 CAD |
| Price Per AC | $717,405.62 CAD |
| Lot Size | 0.67 AC |
Prime 0.67-acre lot fronting Dr. Martin Luther King Jr. St. Zoned C-4, ideal for retail, service, or office development. Excellent traffic exposure, I-65 connectivity, and strong local demographics support redevelopment or investment opportunities.
Description
Prime 0.67-acre retail development opportunity featuring a conceptual site plan designed for a ±7,000 SF freestanding building. The layout includes dual access points, 30+ convenient parking spaces, a dedicated delivery zone, and attractive landscaping throughout the site. This parcel offers excellent visibility, efficient traffic flow, and a footprint that fits the needs of national retail users. A strong option for developers or end-users seeking a high-exposure commercial location.
Property Taxes
| Parcel Number | 49-06-23-146-049.000-101 | Improvements Assessment | $0 CAD |
| Land Assessment | $87,714 CAD | Total Assessment | $87,714 CAD |
Property Taxes
