Large Industrial Land
For Sale
$5,645,161
1215 South Franklin Road, Indianapolis, IN 46239
122.5 acre industrial land with immediate interstate access.
Property Size5,336,102 SF
Lot Size122.50 Acres
Price / SF$1.06
Days on Market225
Property Features for 1215 South Franklin Road
General Information
Standard status
Active
Size
5,336,102 SF
Lot size
122.50 Acres
Property subtype
Land
Site & Location
Neighborhood
Raymond Park
Listing Agency:
CBRE | Indianapolis
Listed By:
Kyle Powell
(317) 269-1064
Source:
Cbre
Added: Mar 25
Changed: Oct 25
Last Checked: Nov 3 at 4:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Indianapolis
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Investment Insights
Based on property information with market context.
This industrial land parcel, comprising approximately 122.50 acres, is situated in Post Air Park, north of Brookville Road and east of Franklin Road, within Warren Township on Indianapolis’ southeast side. The property benefits from its proximity to several major transportation routes, with access to I-465 via the Brookville Road/US 52 exit and the Washington Street exit. Additional interstate access includes I-70, I-74, and I-65. Rail service is potentially available via the CSX Transportation line along the south property line. The Mt. Comfort Regional Airport is located approximately 5 minutes away. The surrounding area has seen recent industrial development, including a Pepsi Distribution Center, Airtron Heating and Air Conditioning, and the Scannell Properties Post Road Commerce Center. Utilities are located nearby in Post Road and Rawles Avenue. The property is currently zoned SU-46, I-3, and DA.
Key Highlights
- Immediate Interstate Access: Benefit from proximity to I‑465 (Brookville Road/US 52 & Washington Street exits), I‑70, and I‑74.
- Large Parcel Size: The property boasts a substantial ±122.50 acres.
- Favorable Zoning: Zoned SU‑46, I‑3, and DA offering diverse possibilities.
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Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
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Business Placement
Demographics for 46239, IN
33,290
Population
12,284
Households
2.7
Avg Household Size
35
Median Age
37%
College-Educated
92%
High-School Grad
28.3 sq mi
ZIP Area
1,176
Density / Sq Mi
$92,160
Median Household Income
$49,543
Median Earnings
$1,304
Median Rent
$253,000
Median Home Value
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Market
Vacancy Rate% for Industrial in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Industrial land - 122.5 acre industrial land with immediate interstate access.
Where is this industrial land located?
The property is located at 1215 South Franklin Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $5,645,161.
What are key features of this property?
This property features: Immediate Interstate Access: Benefit from proximity to I‑465 (Brookville Road/US 52 & Washington Street exits), I‑70, and I‑74.; Large Parcel Size: The property boasts a substantial ±122.50 acres.; Favorable Zoning: Zoned SU‑46, I‑3, and DA offering diverse possibilities.
