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7525 McFarland Boulevard

Indianapolis IN 46237

326700 sq. ft.
Land
Currently for sale - view listing

Overview

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.

Features

326700 sq. ft. lot size
Land

Property history for 7525 McFarland Boulevard

2026
Sold
$1,175,000
08 May 2026 by James Talhelm

Happy sellers in Indianapolis

<50%
Less than 50% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for land plots in Indianapolis

In the last 12 months, 5 land plots similar to 7525 McFarland Boulevard, have been sold.

This represents a 17% increase in land plots sales when compared to the previous 12 months.

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