3650 Mitthoefer RdIndianapolis, IN 46235

  • Land
  • 2.26 AC
For Sale
$339,000 View listing

Property Details for 3650 Mitthoefer Rd

Lot size
2.26 AC
Zone code
ZO01
Property type
Land
Property subtype
Commercial land
APN
49-08-20-113-002.001-701
APU
490820113002001701

Description

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.

3650 Mitthoefer Rd, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8239
Longitude
-85.9925
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
$1,036
$37,900
-
$37,900
-
$37,900
-
$37,900

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