7525 McFarland Boulevard, Indianapolis, IN 46237
- $2,499,000
- List Price
- $2,499,000
- MLS#
- 22127118
- Property Type
- Land
- Days on Market
- 1
- Status
- ACTIVE
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.
Additional Information
- Present Zoning
- Planned Development
- Land Characteristics
- Suburban
- Topography
- Level
- Soil Type
- Other
- Development Status
- Easements, Plat Designed, Plat Recorded, Surveyed
- Facilities on Site
- None
- Facilities near Site
- Cable, Electric, Gas, Water & Sewer
- Water
- Municipal Water Near By
- Sewer
- Public Sewer
- Road Access
- Frontage Road
- Road Frontage
- City Street
- Road Surface
- Asphalt
- Acres
- 7.50
- Water
- Municipal Water Near By
- Region
- Perry
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Listing courtesy of Hoosier, REALTORS®.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative