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Commercial Land with Monument Sign
For Sale
$3,850,000

9219 Indianapolis Blvd, Highland, IN 46322

Development site with existing rental income across three parcels and two curb cuts providing direct access to US Hwy 41.

Property Size25,204 SF
Lot Size3.95 Acres
Price / SF$152.75
Days on Market538

Property Features for 9219 Indianapolis Blvd

General Information

Standard status Active
Size 25,204 SF
Lot size 3.95 Acres

Site & Location

Traffic Count 35,000 vehicles/day
Road Access Yes

Taxes and HOA fees

Annual Taxes $22,152
Listing Agency: McColly Real Estate
Listed By: William Loy · License #RB17001333
Source: Exprealty
Added: Mar 17, 2025 Changed: Aug 20 Last Checked: Sep 4 at 8:19AM

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 McColly Real Estate

Investment Insights

Based on property information with market context.

This 3.95-acre commercial land assemblage offers development flexibility, including the potential to qualify as a Planned Unit Development (PUD). The three parcels are currently generating commercial rental income, and the site includes two existing curb cuts for direct access to US Hwy 41.

The property also features a large monument sign designed to provide visibility to vehicles passing along the highway corridor. With existing access points and frontage-oriented exposure, the assemblage is positioned for a range of development approaches subject to applicable approvals.

Prospective buyers should review local requirements and the feasibility of pursuing PUD qualification and any proposed site improvements with the appropriate permitting authorities.

Key Highlights

  • 3.95 AC development site with flexibility to qualify as a Planned Unit Development (PUD)
  • High traffic location with approximately 35,000 vehicles per day (VPD)
  • Three existing commercial rental parcels generating existing rental income

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store

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

35,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

Demographics for 46322, IN

23,984
Population
10,791
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,476
Density / Sq Mi
$76,219
Median Household Income
$47,458
Median Earnings
$1,202
Median Rent
$219,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site with existing rental income across three parcels and two curb cuts providing direct access to US Hwy 41.
Where is this commercial land located?
The property is located at 9219 Indianapolis Blvd Highland, IN.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: 3.95 AC development site with flexibility to qualify as a Planned Unit Development (PUD); High traffic location with approximately 35,000 vehicles per day (VPD); Three existing commercial rental parcels generating existing rental income
More about this property
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