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606-614 S Meridian St
Indianapolis, IN 46225
Land For Sale
·
0.39 AC
Investment Highlights
- Opportunity to own a high quality piece of land in a proven market of development and community engagement.
- The site is easily visible from US-70 with over 40,000 ADT.
- The property is currently used for event parking at Lucas Oil Stadium with 1 million visitors each year.
- Well located, the property is perfectly positioned to be easily accessed from US-70 and all major Downtown Indianapolis' arteries.
- Located within Downtown Indianapolis, this site allows a developer the opportunity to capitalize on the entertainment & employment base.
Executive Summary
This property is located within Downtown Indianapolis and allows a developer the opportunity to capitalize on the entertainment & employment base surrounding the site. The property is currently used for event parking at Lucas Oil Stadium with 1 million visitors each year. Well located, the property is perfectly positioned to be easily accessed from US-70 and all major Downtown Indianapolis’ arteries. Site easily visible from US-70 with over 40,000 ADT. Opportunity to own a high quality piece of land in a proven market of development and community engagement.
Property Facts
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.39 AC |
| Property Type | Land | No. Stories | 2 |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Zoning | C - Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.39 AC |
| No. Stories | 2 |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Price | $1,216,486 CAD | Lot Size | 0.39 AC |
| Price Per AC | $3,119,195.50 CAD |
| Price | $1,216,486 CAD |
| Price Per AC | $3,119,195.50 CAD |
| Lot Size | 0.39 AC |
BACK ON THE MARKET
Description
This property sits between two hotels that are currently under construction.
Property Taxes
| Parcel Number | 49-11-12-127-003.000-101 | Improvements Assessment | $120,454 CAD |
| Land Assessment | $73,795 CAD | Total Assessment | $194,250 CAD |
Property Taxes
Parcel Number
49-11-12-127-003.000-101
Land Assessment
$73,795 CAD
Improvements Assessment
$120,454 CAD
Total Assessment
$194,250 CAD
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