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  • Price$1,400,000
  • Acres3.87

5802 Flight School Drive, Indianapolis

Prime Location in Decatur Township! Two lots included to make up total 3.87 acres. Zoned multifamily for apartments up to 100 units, but can be rezoned for hotel, restaurant, shopping etc. Country Inn & Suites hotel is adjacent to this property. All utilities on site, water retention in place, $500k in improvements have been done on the land including all new paving, zoning, engineering, etc. Property is PERMIT READY/PROJECT READY to start construction on apartments, see attached brochure for SELLER PLANNED DEVELOPMENT. Seller can provide complete engineering and architectural building plans. Let the seller's loss be your GAIN!

Essential Information

  • BLC® #21596721
  • Price$1,400,000
  • Bathrooms0.00
  • Acres3.87
  • TypeLot / Land
  • StatusActive

School Information

  • DistrictDecatur Township

Listing Details

  • Listing OfficeRealty World-Turtle Crk Realty

Community Information

  • Address5802 Flight School Drive
  • AreaMarion - Decatur
  • SubdivisionNO SUBDIVISION
  • CityIndianapolis
  • CountyMarion
  • StateIN
  • Zip Code46221

Additional Information

  • Date ListedSeptember 20th, 2018
  • Days on Market488
  • ZoningR3
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Listing information last updated on February 28th, 2020 at 11:54am CST.