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7716 N Michigan Road
Indianapolis, IN 46286
Asking Price
$600K
Asset Type
Commercial Land
Class
Class B
What's Special
C-3 ZONED I COMMERCIAL DEVELOPMENT SITE I LAND I FOR SALE <p><strong>HIGH VISIBILITY MICHIGAN ROAD COMMERCIAL SITE </strong></p><p></p><p>1 ACRE COMMERCIAL DEVELOPMENT SITE </p><p>C-3 ZONING ALLOWS FOR A VARIETY OF COMMERCIAL USES</p><p>STRONG FRONTAGE ALONG N MICHIGAN ROAD </p><p>EXCELLENT VISIBILITY & EXPOSURE </p><p>EASY ACCESS TO I-465 & I-65</p><p>MINUTES TO DOWNTOWN INDIANAPOLIS</p><p>NEAR PARK 100 BUSINESS CORRIDOR </p><p>IDEAL FOR RETAIL, OFFICE, MEDICAL, OR SERVICE USERS</p><p>INFILL REDEVELOPMENT OPPORTUNITY </p><p>SURROUNDED BY ESTABLISHED R
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NOI
$80,000
Cap Rate
13.33%
DSCR
2.25
Strong
Cash-on-Cash
24.65%
Monthly Payment
$2,968.473
Annual Cash Flow
$44,378.328
