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876 N Raceway RoadIndianapolis, IN 46234
Active
$1,325,000
Asking Price
7.3
Ac Lot
876 N Raceway Road Indianapolis, IN 46234
Commercial LandProperty Type
94 daysTime on Dwellane
$181,507Price per acre
Welcome to a rare blend of country-in-the-city living, rental income, and future development potential. This 3 bedroom, 1.5 bath updated brick ranch offers nearly 1,500 square feet of living space and is currently tenant occupied, providing income for investors and future flexibility for owners. Adjacent to the ranch is a 1,600 square foot heated barn featuring 17-foot ceilings-ideal for a home based business, workshop, storage, or hobby use. Whether you're expanding your home construction or landscaping business, dreaming of a mini-farm, need space for animals or a garden, or are considering future redevelopment, this site offers exceptional possibilities. The property spans 7.29 acres with farmland views, all within the desirable Avon Community School district yet with an Indianapolis address. Conveniently located just minutes from I-465, Ronald Reagan Parkway, and Avon's growing retail corridor, it offers the perfect balance of space, schools, and accessibility. This offering is subject to a new combination of parcels and survey as well as tenant rights. Current zoning is residential. Enjoy the potential of this unique opportunity.
City
Indianapolis
Type
Commercial Land
County
Hendricks
Lot Size
7.3 ac / 317,988 sqft
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Listing Agent
Sharon Stamper Thompson
317-607-0884
Listing Provider
Keller Williams Indy Metro NE
MLS #
22033386
Source
MIBOR as distributed by MLS GRID
Last Modified
Mon Apr 28 2025
Listed on
Wed Apr 16 2025
Property History
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