1001 30Th StIndianapolis, IN 46205

Property Details for 1001 30Th St

Year built

1971

Construction

TYPE NOT SPECIFIED

Lot size

0.22 AC

Property size (Sq ft)

1,902 SF

Zone code

ZO01

Property type

Auto shops

APN

49-07-30-109-045.000-101

APU

490730109045000101

Description

This exceptional investment opportunity encompasses a 1,902 square foot property situated on a 0.22-acre lot at 1001 E 30th Street, Indianapolis, Indiana. Its prime corner location offers unparalleled visibility and accessibility, further enhanced by its proximity to the popular Monon Trail. The property's strategic placement makes it ideal for a variety of business ventures, providing both convenience and significant exposure to potential customers. This listing includes an additional parcel (parcel 1015705), significantly expanding the development possibilities. The property's potential is further amplified by the availability of an adjacent property, also currently listed for sale. This presents a unique opportunity to acquire a three-property package, creating a substantial and cohesive business footprint. The high demand in this area ensures strong potential for future growth and return on investment. This is a rare chance to establish a thriving business in a location with exceptional visibility and access, capitalizing on the area's upward trajectory. The combined acreage and strategic location make this an unparalleled investment opportunity in a rapidly developing Indianapolis neighborhood. Serious inquiries are encouraged to explore this unique opportunity to acquire a significant commercial property with substantial expansion potential.

• CAP approach

  CAP return

  Valuation

  6%

  $363,479

  6.5%

  $335,519

  7%

  $311,553

• Comparable approach

  Method

  Valuation

  Relative Method

  $451,740

  Geo Method

  $451,740

• Alternative Use

  Use

  Valuation

  Residential

  $283,023

  Hospitality

  $259,247

  Educational

  $215,691

  Medical

  $223,109

  Retail

  $335,519

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.8105

Longitude

-86.1395

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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