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Listed by Ken Yoder • Hoosier, REALTORS®
$ 2,499,000
Est. payment | /mo
7.5 Acres Lot
$ 2,499,000
Est. payment | /mo
7.5 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22127118
Tax Year 2025
Lot Size 7.500 Acres
Acres 7.5
Property Sub-Type Unimproved Land
Property Description
Prime Multifamily Development Opportunity - 128 Units Approved Excellent location just off Emerson Avenue, with approvals in place for 128 apartment units, including a clubhouse and swimming pool. The property consists of approximately 7.5 acres and is zoned D-6II. Ideally located just minutes from Costco, Greenwood, major highways, shopping, dining, and significant new development throughout the surrounding area. Property Highlights: Approved for 128 apartment units Approximately 7.5 acres D-6II zoning Planned clubhouse and pool Approximately 2 minutes from Costco Convenient access to Greenwood and major highways Strong development activity in the surrounding area Open to an outright sale or Joint Venture (JV) Serious and qualified buyers/investors only.
Location
State IN
County Marion
Zoning Residential, multifamily
Interior
Fireplace N
Building
Sewer Public Sewer
New Construction false
Schools
School District Perry Township Schools
Others
Acceptable Financing Sell Entity
Listing Terms Sell Entity
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