Listing Agency: Lee & Associates - Indianapolis

Listed By: Bob Lindgren · License #RB14005117 Show Phone

Source: Lee-associates

Added: Sep 10, 2025 Changed: Oct 26 Last Checked: Oct 28 at 7:29AM

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Investment Insights

Based on property information with market context.

This property offers approximately 22 acres of land for sale. The sale price is $2,178,000.00, which equates to a price per square foot of $2.27.

Key Highlights

• 1.22 Acres +/- of Available Acreage
• Sale Price: $2,178,000.00
• Sale Price/SF: $2.27 / SF

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Pharmacy Auto Repair Shop Grocery & Convenience 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

36

Businesses Nearby

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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

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Frequently Asked Questions

What type of property is this?

Land - 22 AC of land for sale in Indianapolis, IN.

Where is this land located?

The property is located at 5005 West Thompson Road Indianapolis, IN.

What is the asking price?

The asking price for this property is $2,178,000.

What are key features of this property?

This property features: 1.22 Acres +/- of Available Acreage; Sale Price: $2,178,000.00; Sale Price/SF: $2.27 / SF