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Investment Highlights

  • Urban infill site with nearby utilities
  • Heavy industrial zoning that supports a broad range of permitted uses
  • Centrally located with quick access to I-65 and I-70

Property Facts

Price $200,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
Total Lot Size 0.52 AC
Opportunity Zone Yes
Zoning I-4 - Heavy industrial zoning that supports a broad range of permitted uses.

1 Lot Available

Lot

Price $200,000
Price Per AC $384,615.38
Lot Size 0.52 AC

Rare Near-Northside Infill Lot with Heavy Industrial (I-4) Zoning. Positioned perfectly for an owner-user or developer, the property supports a broad spectrum of permitted uses.

Description

Exceptional commercial opportunity just minutes from downtown Indianapolis. Located at 1900 Dr. Martin Luther King Jr. Street, this prime 0.52-acre urban infill site offers an incredibly rare combination of central location and flexible Heavy Industrial (I-4) zoning. Positioned perfectly for an owner-user or developer, the property supports a broad spectrum of permitted uses, including logistics, light manufacturing, warehousing, specialized contractors, and fleet services. Situated in an established Opportunity Zone, this site brings highly attractive potential tax incentives for long-term investment. With utilities nearby and a commanding presence on a highly visible corridor, this parcel is ready for your vision.

Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
49-06-35-231-001.000-101
Land Assessment
$38,700
Improvements Assessment
$0
Total Assessment
$38,700
  • Listing ID: 40925383

  • Date on Market: 6/15/2026

  • Last Updated:

  • Address: 1900 Doctor M.L.K. Jr St, Indianapolis, IN 46202

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