1005 86Th StIndianapolis, IN 46240

  • Land
  • 0.74 AC
For Lease

Property Details for 1005 86Th St

Lot size
0.74 AC
Zone code
ZO01
Property type
Land
Property subtype
Commercial land
APN
49-03-24-107-058.000-800
APU
490324107058000800

Description

This exceptional commercial land parcel, located at 1005 E 86th St, Indianapolis, Indiana 46240, presents a unique investment opportunity. Situated in Marion County, this single-tenant property offers significant potential for development or expansion. The property's address is easily accessible and benefits from its location within Indianapolis. The land is classified as commercial and is ideal for a variety of uses, subject to local zoning regulations. Detailed site plans and surveys are available upon request. Prospective buyers are encouraged to conduct their own due diligence to verify the suitability of the land for their intended purpose. This is a prime opportunity to acquire a strategically located commercial land parcel in a thriving Indianapolis neighborhood. The property's latitude and longitude coordinates are 39.9121335 and -86.1405508 respectively. This information is provided for location verification purposes. Serious inquiries only. All information is deemed reliable but not guaranteed and should be independently verified.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,789,363
    Hospitality
    $4,387,030
    Educational
    $3,649,958
    Medical
    $3,775,486
    Retail
    $5,677,712
1005 86Th St, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.9119
Longitude
-86.1407
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,142
$198,000
-
$198,000
-
$198,000
-
$198,000

FAQs

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