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    1501 S High School Rd Indianapolis, IN 46241

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    For Sale
    $975,000

    1.72-acre industrial lot with prime visibility and interstate access.

    Lot size:
    1.72 Acres

    Property Features for 1501 S High School Rd

    General Information

    Lot size
    1.72 Acres

    Source: Allies Commercial Realty Agent Adam Stephenson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Lot with I-465 Visibility

    This 1.72-acre industrial lot is available for sale. The property is located at 1501 S. High School Rd in Indianapolis, IN 46241, and is zoned C-5. The site is fully paved, fenced, and gated, and includes one shed and signage. It offers prime visibility from I-465 and easy interstate access via W. Washington Street. The property is positioned for uses such as truck driving schools, automotive services, commercial parking, or transit centers. Its proximity to the airport enhances logistics potential. This industrial site is ready for immediate use.
    Insight Report Location Intelligence

    Current Use by Public Records

    quality cars Used Car Dealer DogTown Pet Care Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.269022
    Latitude
    39.745019

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    FAQs

    What type of property is this?
    Industrial land - 1.72-acre industrial lot with prime visibility and interstate access.
    Where is this industrial land located?
    The property is located at 1501 S High School Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Prime visibility from I-465.; - Fully paved, fenced, and gated 1.72-acre lot.; - C-5 zoning ideal for truck driving schools, automotive services, commercial parking, or transit centers.
    (317) 908-6479
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    1501 S High School Rd Indianapolis, IN 46241
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    Indianapolis, IN 46241
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501 S High School Rd Indianapolis, IN 46241
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