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2439 & 2455 Doctor M.L.K. Jr st 0.59 Acres of Commercial Land Offered at $350,000 in Indianapolis, IN 46208
Investment Highlights
- 0.59 Acres Available for Development
- Community-Focused Development Opportunity
- Minutes from Downtown Indianapolis
Executive Summary
0.59-acre development site available near downtown Indianapolis. Zoned CS, the property supports a variety of potential uses including multi-family residential, community facilities, food hub operations, workforce development, medical training, and educational uses.
The site offers excellent access to downtown, major transportation corridors, and surrounding neighborhoods, making it well suited for developers, nonprofits, educational institutions, and community-focused organizations. Its manageable size and flexible zoning create an opportunity for impactful development in a growing urban market.
The site offers excellent access to downtown, major transportation corridors, and surrounding neighborhoods, making it well suited for developers, nonprofits, educational institutions, and community-focused organizations. Its manageable size and flexible zoning create an opportunity for impactful development in a growing urban market.
Property Facts
| Price | $350,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Total Lot Size | 0.48 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | CS - multi-family residential, community facilities, food hub operations, workforce development, medical training, and educational uses | ||
| Price | $350,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.48 AC |
| Opportunity Zone |
Yes |
| Zoning | CS - multi-family residential, community facilities, food hub operations, workforce development, medical training, and educational uses |
1 Lot Available
Lot
| Price | $350,000 | Lot Size | 0.59 AC |
| Price Per AC | $593,220.34 |
| Price | $350,000 |
| Price Per AC | $593,220.34 |
| Lot Size | 0.59 AC |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
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2439 & 2455 Doctor M.L.K. Jr st
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