Listing Agency: OK Baird, LLC

Listed By: David Baird · License #RB14029774 Show Phone

Source: Mcwatersrealestate

Added: May 25 Changed: Oct 9 Last Checked: Oct 7 at 3:31PM

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Investment Insights

Based on property information with market context.

This property consists of 42 acres of tillable land. According to the Indy comprehensive zoning plan, the land is marked for industrial use. The northeast 12 acres are priced at $75,000 per acre, while the remaining western portion is priced at $50,000 per acre.

Key Highlights

• 42 Acres of Land
• Zoned Industrial (Indy Comprehensive Plan)
• Tillable Land

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Building Supply Real Estate Agency Hair Salon Electrical Service Pharmacy Furniture & Home Goods

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

43

Businesses Nearby

Explore this area Business Placement

Demographics for 46259, IN

13,703

Population

5,108

Households

2.7

Avg Household Size

39

Median Age

48%

College-Educated

93%

High-School Grad

22.7 sq mi

ZIP Area

604

Density / Sq Mi

$129,615

Median Household Income

$67,647

Median Earnings

$1,261

Median Rent

$304,800

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

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Frequently Asked Questions

What type of property is this?

Industrial land - 42 acres of tillable land zoned for industrial use.

Where is this industrial land located?

The property is located at 11812 Southeastern Ave Indianapolis, IN.

What is the asking price?

The asking price for this property is $1,650,000.

What are key features of this property?

This property features: 42 Acres of Land; Zoned Industrial (Indy Comprehensive Plan); Tillable Land