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Industrial Land for Build-to-Suit
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1245 S Girls School Road, Indianapolis, IN 46241

Build-to-suit industrial land zoned I-3 with an indicated development scale for up to 30,000 SF.

Space Size30,000 SF
Lot Size2.82 Acres
Days on Market98

Property Features for 1245 S Girls School Road

General Information

Standard status Active
Size 30,000 SF
Lot size 2.82 Acres
Property subtype Land
Zoning I-3

Spaces For Lease

at 1245 S Girls School Road
123
Size 30,000 SF
Term Negotiable
Rate Contact for pricing
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Listed By: Mike Short
Source: Alopg
Added: Jun 25 Changed: Sep 29 Last Checked: Sep 29 at 6:59AM

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 Mike Short

Investment Insights

Based on property information with market context.

This offering presents build-to-suit industrial land totaling 2.82 acres, presented for a user who wants to design and construct to suit. The opportunity is associated with an indicated development scale of up to 30,000 SF, providing a framework for planning an appropriate facility footprint on the site.

The parcel is located at 1245 S Girls School Road in Indianapolis, Indiana. Zoning is identified as I-3, which is an important consideration for industrial users evaluating what type of building and operations may be supported on-site.

For tenants and developers seeking a controllable path from site to building, this property supports a build-to-suit approach on an I-3-zoned industrial site. Prospective occupants can use the provided development scale of up to 30,000 SF as a starting point for space planning, while the land acreage offers room to align building placement with operational needs. Interested parties should review zoning requirements and permitting expectations as part of their due diligence for the intended improvements.

Key Highlights

  • 2.82‑acre industrial land available for build‑to‑suit development
  • Zoned I‑3 for industrial use
  • Indicated development scale for up to 30,000 SF

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Law Firm Pharmacy Spa & Massage Center Hair Salon Garden Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Build-to-suit industrial land zoned I-3 with an indicated development scale for up to 30,000 SF.
Where is this industrial land located?
The property is located at 1245 S Girls School Road Indianapolis, IN.
What are key features of this property?
This property features: 2.82‑acre industrial land available for build‑to‑suit development; Zoned I‑3 for industrial use; Indicated development scale for up to 30,000 SF
More about this property
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