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Industrial Land Redevelopment Site
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1225 E Georgia St, Indianapolis, IN 46202

Industrial land zoned I-3 and I-4 with immediate access to I-65 near downtown Indianapolis.

Lot Size3.08 Acres
Days on Market518

Property Features for 1225 E Georgia St

General Information

Standard status Active
Lot size 3.08 Acres
Property subtype LAND
Listing Agency: CBRE | Indianapolis
Listed By: Mark Writt
Source: Moodyscre
Added: Feb 28, 2025 Changed: Jul 31 Last Checked: Jul 31 at 4:59AM

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 CBRE | Indianapolis

Investment Insights

Based on property information with market context.

This industrial land site totals 3.08 acres and is zoned I-3 & I-4. It presents a redevelopment opportunity that can support multi-family and single family residential plans.

The property is located near downtown Indianapolis and provides immediate access to I-65 at Washington Street. Washington Street also has new office, retail, and mixed-use development currently underway, which may support future demand for complementary uses.

With its acreage and access to major interstate connectivity, the site is positioned for buyers looking at land for redevelopment in an established urban area.

Key Highlights

  • 3.08‑acre industrial land site
  • Zoned I‑3 & I‑4
  • Immediate access to I‑65 at Washington Street

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick HVAC Service Electrical Service Carpet & Flooring Store Butcher Garden Center (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

6,388
Businesses Nearby

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land zoned I-3 and I-4 with immediate access to I-65 near downtown Indianapolis.
Where is this industrial land located?
The property is located at 1225 E Georgia St Indianapolis, IN.
What are key features of this property?
This property features: 3.08‑acre industrial land site; Zoned I‑3 & I‑4; Immediate access to I‑65 at Washington Street
(317) 269-1029 Call to check price and availability
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