Listing Agency: Lee & Associates - Indianapolis r***@lee-associates.com Show Phone

Listed By: Bob Lindgren · License #RB14005117

Source: Lee-associates

Added: Sep 10, 2025 Changed: Jul 6 Last Checked: Aug 3 at 6:02AM

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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

Property Profile

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Pharmacy Auto Repair Shop Daycare 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

33

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

Properties on Market for Land in Indianapolis

Feb

Mar

Apr

May

Jun

Jul

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

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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