Commercial Land
514 East Hanna Avenue Indianapolis, IN 46227
Details & Description
Price: $1,051,600
    2.39 Acres of prime retail development land located on a hard corner, signalized intersection. The site provides an excellent opportunity for a new owner to develop service retail targeting the 37,000+ vehicles per day that travel through the East Street & Hanna Avenue intersection.Highlights:2.39 Acres of Commercially zoned landSignalized intersectionMain North/South, non-interstate travel corridor from Southport & Greenwood into Downtown Indianapolis37,000+ Vehicles Per DayLarge enough to accommodate multiple retail centers or free-standing retail mixed with service strip centers
    Listing Agents
    Creighton Shook

    O: 317-249-9000
    cshook@shookrg.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    514 East Hanna Avenue

    Indianapolis, IN 46227

    Listing ID: 224087
    • 514 East Hanna Avenue Indianapolis, IN 46227 | for Sale | Photo 1
    • 514 East Hanna Avenue Indianapolis, IN 46227 | for Sale | Photo 2
    • 514 East Hanna Avenue Indianapolis, IN 46227 | for Sale | Photo 3
    514 East Hanna Avenue | for Sale | Thumbnail 1
    514 East Hanna Avenue | for Sale | Thumbnail 2
    514 East Hanna Avenue | for Sale | Thumbnail 3
    Building Size: --
    Lot Size: 2.390 AC
    Land Size: 104,108 SF
    Building $/SF:
    Land $/SF: $10.10
    Price
    $1,051,600
    Description

    2.39 Acres of prime retail development land located on a hard corner, signalized intersection. The site provides an excellent opportunity for a new owner to develop service retail targeting the 37,000+ vehicles per day that travel through the East Street & Hanna Avenue intersection.

    Highlights:

    2.39 Acres of Commercially zoned land

    Signalized intersection

    Main North/South, non-interstate travel corridor from Southport & Greenwood into Downtown Indianapolis

    37,000+ Vehicles Per Day

    Large enough to accommodate multiple retail centers or free-standing retail mixed with service strip centers

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Indianapolis History of Commercial Land for Sale

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    Indianapolis Area Market Trends

    Listing Demographics for 514 East Hanna Avenue Indianapolis, IN 46227

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population9,16270,113205,892
    Population Median Age343737
    Population by Age0-9 Yrs1236 (13%)9596 (13%)28041 (13%)
    10-19 Yrs1559 (17%)8401 (11%)24603 (11%)
    20-29 Yrs1634 (17%)11874 (16%)35316 (17%)
    30-39 Yrs1363 (14%)9908 (14%)31602 (15%)
    40-49 Yrs883 (9%)7494 (10%)23086 (11%)
    50-59 Yrs994 (10%)9438 (13%)25904 (12%)
    60-69 Yrs817 (8%)7490 (10%)20611 (10%)
    70+ Yrs676 (7%)5911 (8%)16730 (8%)
    Median HH Income$37,031$42,562$44,852
    Total Household Income< 24K1273 (37%)7628 (28%)21185 (26%)
    25-49K793 (23%)7920 (29%)22082 (27%)
    50-74K749 (21%)5024 (18%)14840 (18%)
    75-99K273 (8%)2949 (10%)8489 (10%)
    100-199K266 (7%)2813 (10%)10698 (13%)
    200K+52 (1%)505 (1%)1997 (2%)
    Highest Education LevelNo Diploma905923526002
    Diploma or GED19811683144508
    Some College1095833724463
    Assoc. Degree38230438762
    Bachelors Degree636649322389
    Higher Degree320281411940
    Total Housing Units3,92232,02691,962
    --Owner-Occupied1,52314,70341,496
    --Renter-Occupied1,88312,13637,795
    Owner-Occupied Values< 100K566613615800
    100-199K889693418744
    200-299K4611204005
    300-399K43421630
    400-499K583534
    500K+1487783
    Total Working Age Population7,39955,689162,724
    In Work Force4,62334,538101,242
    Not In Work Force2,77521,15161,482
    Workforce Employed4,42532,77995,819
    Workforce Unemployed1991,7425,391
    Civlian Workforce4,62334,522101,210
    Military Workforce01632
    Total Households3,40626,83979,291
    Family Households1,50814,11741,915
    Non-Family Households1,89812,72237,376
    Married Couple9318,93427,305
    Other Family5785,18314,610
    Married w/Child3943,39610,344
    Single Male w/Child868971,853
    Single Female w/Child2181,9705,728

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Johnson County115,209+21139,654+14158,713+11176,917
    Marion County860,454+5903,393+7963,732+41,001,231

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 514 East Hanna Avenue in Indianapolis?
    The asking price for 514 East Hanna Avenue is $1,051,600
    How much land does the Indianapolis, IN property at 514 East Hanna Avenue include?
    514 East Hanna Avenue in Indianapolis includes 2.390 acres of land
    What is the population within 1 mile of 514 East Hanna Avenue in Indianapolis?
    The population within 1 mile of 514 East Hanna Avenue Indianapolis, IN 46227 is 9,162 people.
    Who do I contact for questions about 514 East Hanna Avenue?
    You should contact the listing agent, Creighton Shook, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Indianapolis International Airport (IND) 8
    Cincinnati Northern Kentucky International Airport (CVG) 91
    Fort Wayne International Airport (FWA) 101
    Price
    $1,051,600
    Listing Agent
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