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7525 McFarland Blvd - 7525 McFarland Blvd

6.5 Acres of Commercial Land Offered at $1,564,343 CAD in Indianapolis, IN 46237

Investment Highlights

  • Proximity to I-65 and Southport Road
  • Area of multi-family housing and retail

Executive Summary

This prime 6.5-acre commercial land is ideally situated in a high-traffic area on Emerson Avenue, between Southport Road and Stop 11. Its strategic location offers excellent visibility and accessibility, making it a highly desirable investment opportunity. The site is surrounded by a thriving mix of restaurants, retail, and multifamily housing, ensuring a steady stream of potential customers and tenants. Just two minutes from I-65 at Southport Road, this property provides convenient connectivity to the greater Indianapolis area. Perfect for retail, office, or mixed-use development, this site offers endless potential for growth.

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Property Facts Under Contract

Price $1,564,343 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 6.50 AC

1 Lot Available

Lot

Price $1,564,343 CAD
Price Per AC $240,668 CAD
Lot Size 6.50 AC

This prime 6.5-acre commercial land is ideally situated in a high-traffic area on Emerson Avenue, between Southport Road and Stop 11.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-15-16-117-008.000-500
Land Assessment
$3,168,063 CAD
Improvements Assessment
$9,427,602 CAD
Total Assessment
$12,595,665 CAD

zoning

Zoning Code Special Use (Currently owned by Southport Presbyterian Church)
Special Use (Currently owned by Southport Presbyterian Church)
  • Listing ID: 33237502

  • Date on Market: 2024-09-19

  • Last Updated:

  • Address: 7525 McFarland Blvd, Indianapolis, IN 46237

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