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Listed by Charlene Gaard • No Limit Real Estate, LLC
$ 499,900
Est. payment /mo
Active
2902 N Capitol AVE Indianapolis, IN 46208
0.41 Acres Lot
UPDATED:
01/24/2025 05:50 PM
Key Details
Property Type Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Subdivision Burton & Campbells Park Place Add
MLS Listing ID 21979922
Tax Year 2023
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Commercial Land
Property Description
Discover a prime development opportunity with this expansive 18,000 sq ft lot zoned D8, ready for multifamily residential projects. Approved plans are in place for a 9-unit luxury condo building, including eight 2-bedroom, 2-bath units and an exclusive penthouse featuring 3 bedrooms and 3 baths. This investment-ready property is perfect for developers looking to capitalize on a highly sought-after location. While the price does not include construction costs, detailed estimates are available for serious buyers. The lot's zoning offers flexibility for residential developments, making it a standout choice for builders seeking a lucrative project. Situated in a convenient and central location, this property ensures easy access to local amenities, public transit, and thriving urban areas. Don't miss this chance to bring a remarkable project to life!
Location
State IN
County Marion
Zoning D8
Interior
Fireplace N
Building
Sewer Not Applicable
New Construction false
Schools
School District Indianapolis Public Schools
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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