3750 Prospect St

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3750 Prospect St

Indianapolis, IN 46203
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land available for purchase at 3750 Prospect St.
  • The property is situated in the city of Indianapolis.
  • Asset is categorized under the commercial land sub-type.
  • Site offers potential for diverse commercial or retail development.
  • Property is located within a established Indianapolis metro submarket.

What's Special

This commercial land offering at 3750 Prospect St in Indianapolis presents a functional site for investors or developers seeking to establish a footprint in the local market. Situated within a core Indiana urban center, the property benefits from the regional economic stability of Indianapolis, which serves as a central logistics and business hub for the Midwest. The parcel provides sufficient space for a variety of commercial developments that cater to the evolving needs of the area population. Proximity to major transportation arteries allows for efficient access, making this a viable location for businesses requiring connectivity within the metro region. Interested parties can leverage this commercial land to execute specific site plans tailored to retail, service-oriented, or professional office uses consistent with surrounding zoning. The site is well-positioned for those looking to expand their industrial or commercial portfolios in a growing capital city environment that maintains a diverse economic base. Developers and business owners will find this location suitable for ground-up construction projects aimed at serving the residents and commerce of Indianapolis.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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