$499,900
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!
Capitol to address
| MLS # | 21979922 |
|---|---|
| Date Listed | 2024-05-16 |
| Status | Active |
| Property Type | Lots and Land |
| Property SubType | Unimproved Land |
| New Construction | No |
| Type | Unimproved Land |
| Year Taxes Payable | 2023 |
| Days on Market | 569 |
| Zoning | D8 |
| Construction | Unimproved Land |
|---|---|
| Lot Size | 18,000 sq ft |
| Acreage | 0.41 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Burton & Campbells Park Place Add |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46208 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 21979922
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Charlene Gaard
No Limit Real Estate, LLC
charlenegaard@aol.com
Listing updated November 26, 2025 at 8:39 am
Last checked 14 minutes ago