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Industrial Land Parcel
For Sale
$440,997

4525 N Shadeland Avenue, Indianapolis, IN 46226

COMMERCIAL - Indianapolis, IN

Property SizeContact for details
Lot Size2.61 Acres
Days on Market48

Property Features for 4525 N Shadeland Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning I2S
Subdivision Metes & Bounds
Middle school Belzer Middle School
High school Lawrence Central High School
Elementary school district MSD Lawrence Township
Middle school district MSD Lawrence Township
High school district MSD Lawrence Township
Directions GPS Friendly
Standard status Active
APN 490713123021000407
Lot size 2.61 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Pt Nw1/4 Nw1/4 S13 T16 R4 Beg 660' S & 360'E Ofnw Cor P.O.B. E300' N330' W480' S130' E100's200' To Beg
Legal Description Pt Nw1/4 Nw1/4 S13 T16 R4 Beg 660' S & 360'E Ofnw Cor P.O.B. E300' N330' W480' S130' E100's200' To Beg

Utilities

Sewer type Public Sewer
Listing Agency: Highgarden Real Estate
Listed By: Hart Summeier
Added: Jun 25 Changed: Aug 4 Last Checked: Aug 11 at 6:06AM
MLS# 22109111

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is for industrial land in Indianapolis, Indiana. The parcel totals 2.61 acres and is zoned I2S. The site’s utility and site improvements are not detailed in the provided information, so due diligence is recommended to confirm readiness for a specific development plan.

Access to the property is through an easement on the south side of the car wash parking lot. The listing does not describe frontage specifics or public street access details beyond the stated easement route.

For buyers seeking industrially zoned land, this parcel provides a defined tract size within the I2S zoning district. The easement-based access is a key planning factor for prospective buyers and developers, particularly when evaluating vehicle movement, site layout, and ingress/egress requirements. Prospective purchasers should review zoning allowances under I2S and verify access terms and any applicable conditions with the appropriate parties prior to underwriting or design.

Key Highlights

  • Public sewer available.
  • Property access is via an easement on the south side of the car wash parking lot.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Restaurant Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby

Demographics for 46226, IN

43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial-zoned land offered for sale with access provided via an easement off a nearby car wash lot.
Where is this industrial land located?
The property is located at 4525 N Shadeland Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $440,997.
What are key features of this property?
This property features: Public sewer available.; Property access is via an easement on the south side of the car wash parking lot.
More about this property
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