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    3637 W 86Th St Indianapolis, IN 46268

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    For Sale
    Contact for pricing

    Approximately one acre of commercial land with high traffic visibility.

    Lot size:
    1.00 Acre

    Property Features for 3637 W 86Th St

    General Information

    Lot size
    1.00 Acre

    Source: CBRE | Indianapolis Agent Steve Delaney

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

    Overview

    Prime Acreage on 86th Street

    This commercial land offering consists of approximately one acre. The site benefits from curb cuts, including one on 86th Street (eastbound only) and one on Michigan Road (southbound only). Traffic counts indicate substantial exposure, with 34,386 AADT on 86th Street and 26,148 AADT on Michigan Road, both as of 2022. The property features excellent visibility on 86th Street. Adjacent tenants and uses include a Popeyes, Exxon Gas Station, Jiffy Lube, and College Park Place Shopping Center.
    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 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
    -86.2248081
    Latitude
    39.9108537

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    FAQs

    What type of property is this?
    Land - Approximately one acre of commercial land with high traffic visibility.
    Where is this land located?
    The property is located at 3637 W 86Th St Indianapolis, IN.
    What are key features of this property?
    This property features: - Excellent Visibility on 86th Street; - Approximately 1 acre site acreage; - High Traffic Count: 86th Street (34,386 AADT 2022) and Michigan Road (26,148 AADT 2022)
    (317) 269-1000
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    Indianapolis, IN 46268
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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
    3637 W 86Th St Indianapolis, IN 46268
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