5244 Shelbyville Road, Indianapolis, IN 46237

Residential Development Ready Opportunity - Southeast Indianapolis! Introducing a fully entitled, shovel-ready residential development opportunity in the high-demand 46237 zip code of Southeast Indianapolis. This meticulously planned 18-unit duplex-style subdivision on 2.8 acres is designed for today's market and a perfect location for a developer looking to build a downsizer or 55+ community. Project Overview: 18 one-story duplex-style homes with each unit approx. 1,250 sq ft | 3 Bed / 2 Bath / 1-Car Garage. It's the perfect turnkey opportunity with minimal development risk. Ideal for a phased build-and-sell strategy. Development Status: This project is approaching final drainage approval - the last milestone before full permits are issued. The following key phases have already been completed: Land acquisition and site clearing. Full architectural and engineering design packages. Preliminary Plat approval and advanced permitting progress. Assigned addresses and final site layout … read more …