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Prime Indianapolis Redevelopment Opportunity
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1300 E 96th St, Indianapolis, IN 46240

Redevelopment opportunity in high-demand North Meridian corridor.

Space SizeContact for details
Days on Market293

Property Features for 1300 E 96th St

General Information

Standard status Active
Class Unclassified
Property subtype office
Listing Agency: Indianapolis
Listed By: John Robinson · License #RB14033670
Source: Property.jll
Added: Nov 24, 2025 Changed: Sep 6 Last Checked: Sep 13 at 4:01AM

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 Indianapolis

Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity within the North Meridian corridor of Indianapolis. The site benefits from PUD zoning, allowing for flexible redevelopment options up to 650,000 square feet. Situated in a high-demand area for tenants, the location offers abundant amenities, including restaurants, shopping, and hotels. The property features visibility, with 144,000 vehicles per day via I-465 and 96th Street. The location is contiguous to the 1.7 million square foot Parkwood Crossing Office Park. The North Meridian corridor has a presence of major Indiana hospital networks, including IU Health, St. Vincent, St. Francis and Community Health Network. The property has potential for healthcare related uses. The existing amenities could be incorporated into a new development. The property size is 120,000 square feet.

Key Highlights

  • Largest, most visible site on the northside of Indianapolis.
  • Unparalleled visibility with 144,000 vehicles per day via I‑465 and 96th Street.
  • PUD zoning allows for unique and flexible redevelopment opportunities up to 650,000 sf.

Property Analytics

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Current Use

Indy Infant Swimming ... Dental Office

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Restaurant HVAC Service Kitchen & Bath Showroom

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

509
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46240, IN

20,148
Population
11,673
Households
1.7
Avg Household Size
40
Median Age
59%
College-Educated
96%
High-School Grad
9.8 sq mi
ZIP Area
2,056
Density / Sq Mi
$70,728
Median Household Income
$51,822
Median Earnings
$1,255
Median Rent
$328,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$24.9 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
9,567 SF
Avg Space Size

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
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Similar Off Market Nearby

  • Proofpoint, Inc 450 E 96th St #251, Indianapolis, IN 46240
  • Gov 6 Corp 450 E 96th St #500, Indianapolis, IN 46240
  • Tech Untangled LLC 10252 Guilford Ave, Indianapolis, IN 46280

Frequently Asked Questions

What type of property is this?
Office space - Redevelopment opportunity in high-demand North Meridian corridor.
Where is this office space located?
The property is located at 1300 E 96th St Indianapolis, IN.
What are key features of this property?
This property features: Largest, most visible site on the northside of Indianapolis.; Unparalleled visibility with 144,000 vehicles per day via I‑465 and 96th Street.; PUD zoning allows for unique and flexible redevelopment opportunities up to 650,000 sf.
More about this property
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