Listing Agency: Titan Real Estate, LLC Show Phone

Listed By: Gary Boehle · License #RB14029275

Source: Battsrealestategroup

Added: Jul 28, 2025 Changed: Oct 22 Last Checked: Oct 23 at 9:34PM

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Investment Insights

Based on property information with market context.

This commercial land parcel occupies a corner at a signal-controlled intersection and has frontage on Shelbyville Road. The site is described as large, with no acreage or frontage measurement provided.

Potential development concepts mentioned include a school, church, park, or residential use, subject to appropriate approvals. Utilities are presumed to be available at the lot.

Key Highlights

• Corner parcel at a signal‑controlled intersection
• Frontage on Shelbyville Road
• Potential school, church, park, or residential development, subject to approvals

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Suggested Use

Top Pick Law Firm Building Supply Hair Salon HVAC Service Real Estate Agency 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

137

Businesses Nearby

Explore this area Business Placement

Demographics for 46237, IN

44,378

Population

17,660

Households

2.5

Avg Household Size

36

Median Age

34%

College-Educated

89%

High-School Grad

14.7 sq mi

ZIP Area

3,019

Density / Sq Mi

$76,676

Median Household Income

$47,742

Median Earnings

$1,272

Median Rent

$216,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - A signalized intersection and Shelbyville Road frontage serve the parcel.

Where is this commercial land located?

The property is located at 5133 Gray Road Indianapolis, IN.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Corner parcel at a signal‑controlled intersection; Frontage on Shelbyville Road; Potential school, church, park, or residential development, subject to approvals