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    5410 E 86Th St Indianapolis, IN 46250

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    For Sale
    $675,000

    1.66 acre outlot suitable for medical, office, or retail development.

    Lot size:
    1.66 Acres

    Property Features for 5410 E 86Th St

    General Information

    Lot size
    1.66 Acres

    Source: Veritas Realty Agent Mitch Ostrowski

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

    Overview

    Prime Commercial Outlot For Sale

    This approximately 1.66-acre outlot is located at the northwest corner of Allisonville Road and 86th Street. The site is anchored by Castle Creek I & II, a 130,726 square foot office park. It can accommodate uses permitted under C-4 zoning. The location provides convenient access to I-465 via a signalized intersection, making it suitable for medical, office, or retail development.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.077116
    Latitude
    39.912918

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    FAQs

    What type of property is this?
    Commercial land - 1.66 acre outlot suitable for medical, office, or retail development.
    Where is this commercial land located?
    The property is located at 5410 E 86Th St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Prime location at the NWC of Allisonville Rd & 86th St.; - Zoned C-4, suitable for medical, office, or retail development.; - Convenient access to I-465 via signalized intersection.
    (281) 433-9412
    Request Owner's contact information
    5410 E 86Th St Indianapolis, IN 46250
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    Indianapolis, IN 46250
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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
    5410 E 86Th St Indianapolis, IN 46250
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