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2439 Dr M.L.K Jr St
Indianapolis, IN 46208
Asking Price
$350K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.59 acres <ul><li>$350,000</li><li>Zoned CS commercial </li></ul><p> -Multi-family residential </p><p> -Food hub/supply </p><p> -Medical Training </p><p> -Automotive Training</p><ul><li>Positioned for residential or community-focused development</li><li>Located within the downtown Indianapolis market</li><li>Manageable scale for local developers</li></ul>
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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692
