3721 Sutherland AveIndianapolis, IN 46218

Property Details for 3721 Sutherland Ave

Year built

1946

Construction

METAL FRAME

Lot size

1.24 AC

Property size (Sq ft)

5,250 SF

Zone code

ZO01

Property type

Other commercial real estate

APN

49-07-19-109-004.000-101

APU

490719109004000101

Description

This exceptional 2-acre land parcel presents a unique investment opportunity in Indianapolis, Indiana. Located at 3721 Sutherland Avenue, in Marion County (zip code 46218), this property is ideally situated within a thriving portfolio of five buildings, primarily housing research and development (R&D) organizations. These organizations maintain close ties with the Crane Naval Station, the largest single-site employer in Southern Indiana, creating a robust and stable economic environment. The site offers flexibility for various development scenarios, including build-to-suit projects, ground leases, or joint ventures. Its strategic location provides easy access to a highly skilled workforce and a supportive ecosystem for innovation. The property's zoning allows for both commercial and residential development, offering diverse possibilities for investors. The area is experiencing significant growth, with numerous new tenants and developments underway, further enhancing the long-term value proposition. This location boasts excellent accessibility, being approximately 90 minutes south of Indianapolis, 75 minutes north of Evansville, and 30 minutes south of Bloomington, Indiana. This prime location, coupled with the surrounding R&D community, including Purdue University affiliated entities, makes this a compelling opportunity for businesses seeking to establish a presence in a dynamic and strategically important region. The property is ready for immediate development, offering a rare chance to capitalize on the burgeoning growth in this area.

• Alternative Use

  Use

  Valuation

  Residential

  $781,486

  Hospitality

  $715,837

  Educational

  $595,568

  Medical

  $616,051

  Retail

  $926,439

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.8238

Longitude

-86.1304

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].