Two Buildings on Thompson
For Sale
$559,000
4902 S High School Rd, Indianapolis, IN 46221
Two parcels with buildings near I-465 and Decatur Central High.
Property SizeContact for details
Lot Size0.88 Acres
Days on Market749
Property Features for 4902 S High School Rd
General Information
Standard status
Active
Lot size
0.88 Acres
Listing Agency:
Hemrick Property Group Inc.
(317) 412-5310
Listed By:
Jacob Hemrick
(317) 412-5310
Source:
Exprealty
Added: Aug 5, 2024
Changed: Aug 13
Last Checked: Aug 12 at 5:38AM
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 Hemrick Property Group Inc.
Investment Insights
Based on property information with market context.
This commercial investment opportunity includes two parcels totaling just under one acre. The property is located at the intersection of Thompson and High School Road, minutes from I-465 and Decatur Central High School. The location benefits from high visibility and traffic, and is surrounded by a mix of businesses and dining options. One building previously operated as a dental laboratory and is suited for retail, office space, or service-oriented businesses. It features private offices, a functional kitchen, and ample parking. The basement offers potential workspace. The other building is situated on a corner lot and is currently stripped down to the studs, offering a blank slate for a rebuild. It presents an opportunity for investors or business owners to design and construct a facility that suits specific needs, whether that involves remodeling of the existing structure or demolishing it to make way for a new development that complies with C-3 zoning requirements.
Key Highlights
- Two separate parcels totaling just under one acre at the intersection of Thompson and High School Road.
- High visibility and traffic location, minutes from I‑465 and Decatur Central High School.
- Building 1 is a versatile building previously used as a dental laboratory, with private offices, a kitchen, and ample parking.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
Explore this area
Business Placement
Demographics for 46221, IN
27,991
Population
11,120
Households
2.5
Avg Household Size
35
Median Age
16%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,400
Density / Sq Mi
$58,316
Median Household Income
$40,665
Median Earnings
$1,111
Median Rent
$174,900
Median Home Value
Market
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two parcels with buildings near I-465 and Decatur Central High.
Where is this office units located?
The property is located at 4902 S High School Rd Indianapolis, IN.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Two separate parcels totaling just under one acre at the intersection of Thompson and High School Road.; High visibility and traffic location, minutes from I‑465 and Decatur Central High School.; Building 1 is a versatile building previously used as a dental laboratory, with private offices, a kitchen, and ample parking.
