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Walmart-Anchored Commercial Land
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4641 Lafayette Rd, Indianapolis, IN 46254

Commercial leasing includes out lots and a former big-box space with subdivision flexibility.

Lot Size1.36 Acres
Days on Market146

Property Features for 4641 Lafayette Rd

General Information

Standard status Active
Lot size 1.36 Acres
Property subtype LAND
Listing Agency: CBRE | Indianapolis
Listed By: Scott Gray
Source: Moodyscre
Added: Mar 9 Changed: Jul 31 Last Checked: Jul 31 at 7:47AM

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.

Walmart-anchored commercial land at 4641 Lafayette Rd includes available out lots and a former At Home box measuring up to 109,000 sf. The landlord will consider subdividing the former box space, providing flexibility for different commercial leasing configurations. The property is offered for rent.

The site is conveniently located from I-65 and Lafayette Road. Traffic counts are approximately 75,000 cars daily on I-65 and 22,483 cars daily on Lafayette Road, for a combined count approaching 100,000 cars daily. The surrounding area has approximately 225,000 people within a five-mile radius.

The property combines a Walmart-anchored setting with commercial land, out-lot availability, and a former large-format retail building area. No Walmart restrictions apply to the former At Home box space.

Key Highlights

  • Walmart‑anchored commercial property with out lots available
  • Former At Home box measuring up to 109,000 sf
  • Landlord will consider subdividing the former box space

Property Analytics

Current Use

KVL Tires (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store HVAC Service Parking Lot & Garage

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

559
Businesses Nearby

Demographics for 46254, IN

40,162
Population
17,955
Households
2.2
Avg Household Size
33
Median Age
32%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,187
Density / Sq Mi
$57,825
Median Household Income
$36,883
Median Earnings
$1,021
Median Rent
$175,700
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial leasing includes out lots and a former big-box space with subdivision flexibility.
Where is this commercial land located?
The property is located at 4641 Lafayette Rd Indianapolis, IN.
What are key features of this property?
This property features: Walmart‑anchored commercial property with out lots available; Former At Home box measuring up to 109,000 sf; Landlord will consider subdividing the former box space
(317) 269-1000 Call to check price and availability
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