For Sale
$339,000

3650 Mitthoefer RdIndianapolis, IN 46235

2.26 Acres, $339,000 - High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 2.26-acre vacant commercial land parcel presents a remarkable investment opportunity in Indianapolis, Indiana. Located at 3650 N Mitthoefer Rd, in Marion County, zip code 46235, this property boasts a strategic location within a thriving retail corridor. The asking price is $339,000, translating to a land value of $3.44 per square foot. The site benefits from a high concentration of residents and employees within a short radius. Over 5,900 people live within one mile, and more than 32,900 reside within three miles. Furthermore, the area boasts a robust daytime workforce, with over 26,400 employees within a three-mile radius. This strong demographic profile is further enhanced by a projected 1.13% population growth within a one-mile radius over the next five years. The property's immediate surroundings include several national retailers, such as Walmart, Goodwill, Starbucks, and McDonald's, ensuring high visibility and accessibility. This prime location offers significant potential for various commercial developments, making it an ideal investment for discerning buyers seeking a high-growth area with established infrastructure and strong consumer demand. The property is ready for immediate development.

Highlights

  • 2.26-acre vacant commercial land parcel in Indianapolis, IN.
  • High-density population: 5,900+ residents within 1 mile, 32,900+ within 3 miles.
  • Projected 1.13% population growth within 1 mile radius over the next 5 years.
  • Strong daytime workforce: 26,400+ employees within a 3-mile radius.
  • Prime retail location near Walmart, Goodwill, Starbucks, and McDonald's.

Property Details for 3650 Mitthoefer Rd

Property type
Land
Lot Size (sq. ft)
98,446 SF

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.823905
Longitude
-85.992464
3650 Mitthoefer Rd, Indianapolis, Indiana

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3650 Mitthoefer Rd
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