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Tech/Flex Development Land
For Sale
$7,250,000

10697 E County Road 450 S, Indianapolis, IN 46231

LAND - Indianapolis, IN

Property SizeContact for details
Lot Size26.70 Acres
Days on Market135

Property Features for 10697 E County Road 450 S

General Information

Property type Land
Property subtype Other
Zoning Potential Commercial
Subdivision No Subdivision
Lot features Mature Trees, Trees- Small ( Under 20 Ft), Wooded
Elementary school district Plainfield Community School Corp
Middle school district Plainfield Community School Corp
High school district Plainfield Community School Corp
Directions GPS Friendly
Standard status Active
APN 320932400003000012
Lot size 26.70 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Ne Se 32-15-2E 26.695Ac
Legal Description Ne Se 32-15-2E 26.695Ac
Listing Agency: eXp Realty, LLC
Listed By: Jason Alsup · License #RB14035549
Added: Mar 23 Changed: Jun 17 Last Checked: Aug 4 at 6:06AM
MLS# 22086277

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Offered for sale is a 26.7-acre parcel of agricultural ground designated for Tech/Flex use under the Town of Plainfield Master Plan. The property is positioned for a range of commercial, light industrial, or flex development concepts within a “Potential Commercial” zoning framework. As an undeveloped site, it provides an opportunity to plan a project to fit the intended use and tenant requirements.

The property has an Indianapolis mailing address but is located in Hendricks County. It is described as having quick connectivity to Indianapolis International Airport via Stafford Road with direct access to Perimeter Road, with the main terminal noted as approximately five minutes away. The site is also identified as being within one mile of Ronald Reagan Parkway and less than two miles from Interstate 70.

For buyers and developers seeking a commercially oriented land assemblage in Central Indiana, this parcel’s Tech/Flex designation and transportation access profile support a variety of light industrial and flex-oriented layouts. Its proximity to key corridors and airport access may be a practical fit for operators who value convenient regional connectivity when planning an expansion or new development.

Key Highlights

  • 26.7‑acre agricultural parcel in the Town of Plainfield Master Plan designated for Tech/Flex use
  • Located within Hendricks County with an Indianapolis mailing address
  • Direct access to Perimeter Road via Stafford Road for quick connectivity to Indianapolis International Airport

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick HVAC Service Plumbing Service Building Supply Auto Repair Shop Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

33
Businesses Nearby

Demographics for 46231, IN

10,889
Population
3,895
Households
2.8
Avg Household Size
36
Median Age
19%
College-Educated
79%
High-School Grad
11.7 sq mi
ZIP Area
931
Density / Sq Mi
$76,823
Median Household Income
$47,727
Median Earnings
$1,575
Median Rent
$204,200
Median Home Value

Market

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Land designated for tech/flex development with direct connectivity to major regional and airport access routes.
Where is this agricultural land / farmland located?
The property is located at 10697 E County Road 450 S Indianapolis, IN.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: 26.7‑acre agricultural parcel in the Town of Plainfield Master Plan designated for Tech/Flex use; Located within Hendricks County with an Indianapolis mailing address; Direct access to Perimeter Road via Stafford Road for quick connectivity to Indianapolis International Airport
More about this property
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