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3214 N Dr Martin Luther King Jr St
Indianapolis, IN 46208
Land For Sale · 0.67 AC

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EXECUTIVE SUMMARY

Lot Size: 0.67 Acres
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

Sale Type Investment or Owner User
Sale Conditions
Ground Lease (Leasehold)
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Auto Repair
  • Convenience Store
  • Fast Food
  • Service Station
  • Storefront, Retail or Office
Total Lot Size 0.67 AC
Cross Streets Rader St.
Zoning C-4 - Zoned C-4, perfect for retail, office, service, or redevelopment. Convenient I-65 access and located in a strong, high-density trade area.

1 LOT AVAILABLE

Lot 1

Price $350,000
Price Per AC $524,266.03
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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-06-23-146-049.000-101
Land Assessment
$64,100
Improvements Assessment
$0
Total Assessment
$64,100
  • Listing ID: 38792975

  • Date on Market: 12/16/2025

  • Last Updated:

  • Address: 3214 N Dr Martin Luther King Jr St, Indianapolis, IN 46208

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3214 N Dr Martin Luther King Jr St

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