Discover the endless possibilities with this exceptional 0.94-acre commercial land opportunity located at 8809 S Meridian St in the bustling city of Indianapolis, Indiana. Boasting a strategic location and versatile existing structure, this property offers a rare opportunity for developers, investors, and business owners alike. Strategic Location: Situated on the highly desirable S Meridian St, this property enjoys high visibility and easy access to major transportation routes, ensuring maximum exposure and accessibility for businesses and customers alike. Versatile Existing Structure: Featuring existing house on the premises, this property offers the flexibility to utilize the structure as office spaces, retail outlets, or other commercial purposes, providing immediate occupancy options for businesses seeking a turnkey solution. Redevelopment Potential: Alternatively, the existing house could be razed to make way for new development, allowing for the construction of custom-designed office buildings, retail centers, or mixed-use developments tailored to the specific needs of the buyer. Ample Space: Spanning 0.94 acres, this parcel provides ample space for development projects, offering endless possibilities. Utilities Accessible: Essential utilities such as water, electricity, gas, and sewer connections are readily available, streamlining the development process and minimizing infrastructure costs. Ideal for Office complexes, Retail centers, Mixed-use developments, Medical facilities, Professional services, And more! Don't miss out on this exceptional opportunity to capitalize on the potential of one of Indianapolis's most coveted commercial locations. Whether you're looking to establish a new business or embark on a redevelopment project, this prime land parcel offers the perfect canvas to bring your vision to life.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Indpls Metro N
Office Email: josielavey@kw.com
Listing Agent: Josie Lavey
Lot Features
Lot Information:
Lot Size: 0.94 Acres
Other
Directions Information:
Directions: GPS Friendly
Price Information
Listing Price Info
Price Summary:
List Price: $300,000
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Housing Market Comparison
See how this home compares to others in Indianapolis, IN.
This property is $51.8K more than the Median Sold Price in Indianapolis, IN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #22008073
Listing Office:
Office Name: Keller Williams Indpls Metro N
Office Email: josielavey@kw.com
Listing Agent: Josie Lavey
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
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Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Perry Meridian 6th Grade Academy
202 W Meridian School Rd
Distance between this listing and this school0.87 miles
Public District Grades 6-6
5
/10
Douglas MacArthur Elementary School
454 E Stop 11 Rd
Distance between this listing and this school1.06 miles
Public District Grades 1-5
6
/10
North Grove Elementary School
3280 W Fairview Rd
Distance between this listing and this school1.22 miles
Public District Grades KG-5
Nearby Schools
8
/10
Perry Meridian Middle School
202 W Meridian School Rd
Distance between this listing and this school0.88 miles
Public District Grades 7-8
7
/10
Center Grove Middle School North
202 N Morgantown Rd
Distance between this listing and this school2.71 miles
Public District Grades 6-8
6
/10
Greenwood Middle School
1584 Averitt Rd
Distance between this listing and this school3.54 miles
Public District Grades 6-8
Nearby Schools
7
/10
Perry Meridian High School
401 W Meridian School Rd
Distance between this listing and this school0.81 miles
Public District Grades 9-12
5
/10
Southport High School
971 E Banta Rd
Distance between this listing and this school2.44 miles
Public District Grades 9-12
5
/10
Greenwood Community High School
615 W Smith Valley Rd
Distance between this listing and this school3.25 miles
The neighbors living near this home have an average income of $71,391. Residents of Indianapolis, IN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8809 S Meridian St
What is the listing price of this property?
The listing price of 8809 S Meridian St property is $300,000.
What type of property is this?
The property 8809 S Meridian St is land located in Indianapolis, Indiana, 46217.
Is this property for sale now?
Active Listing: 8809 S Meridian St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 8809 S Meridian St in Indianapolis, IN and zip code 46217 in the Southern Homes neighborhood. This home sits on a 0.94 acre lot. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $300,000.
Indianapolis, IN housing market in November 2024 saw over 170 listings sold above listed price, more than 231 sold at listed price and over 429 sold below. The number of listings in Indianapolis, IN decreased by 5.8% between October 2024 and November 2024. Listings spent 36 days on the market in November 2024, and had a median list price of $248,146 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
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