5901 E Thompson Rd. Indianapolis, IN 46237

Listing agency Premier Commercial Real Estate Services, Inc. p***@premiercres.com Show Phone

Listed by Pete Alveal · License #IN123455 Show Phone

Source Tcnworldwide

Added: Sep 25, 2025 Updated: Jul 6 at 8:13AM Checked: Jul 21 at 8:27AM

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Investment Insights

Based on property information with market context.

This 2.08-acre land opportunity is available for sale at the southwest quadrant of E. Thompson Rd. & S. Arlington Ave. in Franklin Township, on the southeast side of Indianapolis. The location offers exceptional opportunities for retail or medical center tenants. A 17,000+/- SF medical/commercial multi-tenant development is currently preleasing, with build-to-suit opportunities available. The property boasts over 250' of frontage on E. Thompson Rd. & Arlington Ave., along with an access road to/from Arlington Ave. that facilitates seamless north/south transit. The zoning is C-1 & C-3. The location is suitable for medical providers, retailers, and restaurant users, with strong demographics and traffic counts. Area neighbors include CVS, Village Pantry, Dollar General, and local restaurants, retail services, and medical/dental offices. Kroger Marketplace, Walmart Supercenter, Lowes, and VASA Fitness are all nearby. The property is positioned within a community-oriented retail hub in close proximity to Emerson Ave. & I-465, and near Greenwood Park Mall & Franciscan Health Indianapolis.

Key Highlights

• Prime location at the SWQ of E. Thompson Rd. & S. Arlington Ave. in Franklin Township, Indianapolis.
• 2.08 Acres available for sale with C‑1 & C‑3 Zoning.
• Boasts over 250' of frontage on E. Thompson Rd. & Arlington Ave. with access road to Arlington Ave.

Property Analytics

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FAQs

What type of property is this?

Commercial land - 2.08 acres ideal for retail or medical development.

Where is this commercial land located?

The property is located at 5901 E Thompson Rd. Indianapolis, IN.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: Prime location at the SWQ of E. Thompson Rd. & S. Arlington Ave. in Franklin Township, Indianapolis.; 2.08 Acres available for sale with C‑1 & C‑3 Zoning.; Boasts over 250' of frontage on E. Thompson Rd. & Arlington Ave. with access road to Arlington Ave.