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Shopping Center Outlot
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5612 CASTLETON COR WAY, Indianapolis, IN 46250

Near Castleton Square, with access from an I-465 exit.

Property SizeContact for details
Days on Market12

Property Features for 5612 CASTLETON COR WAY

General Information

Standard status Active
Property subtype Retail

Site & Location

Corner Location Yes
Highway Access Yes
Listing Agency: Riser Retail Group Carmel
Listed By: John F. Riser · License #RB14036150
Source: Crexi
Added: Sep 16 Changed: Sep 24 Last Checked: Sep 26 at 6:45AM

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 Riser Retail Group Carmel

Investment Insights

Based on property information with market context.

A retail outlot at the hard corner of I-465 and Allisonville Road is offered for sale. The surrounding shopping center includes Harbor Freight and Golf Galaxy, with Best Buy, Tesla, and Floor & Decor also nearby.

Castleton Square is directly adjacent, and the property is accessible from an I-465 highway exit. Average household income within 3 miles is $116,590.

Key Highlights

  • Retail outlot at I‑465 and Allisonville Road
  • Adjacent to Castleton Square
  • Shopping center includes Harbor Freight and Golf Galaxy

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Garden Center Storage Facility Veterinary Clinic

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,307
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46250, IN

19,156
Population
9,815
Households
2
Avg Household Size
35
Median Age
53%
College-Educated
96%
High-School Grad
7.7 sq mi
ZIP Area
2,488
Density / Sq Mi
$69,591
Median Household Income
$45,696
Median Earnings
$1,293
Median Rent
$288,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Similar Off Market Nearby

  • Clearwater Springs Shopping Center — 4901 82nd St, Indianapolis, IN 46250
  • Castleton Point Shopping Center — 5305-5469 E 82nd St, Indianapolis, IN 46250
  • Castleton Shoppes Shopping Center — 6024-6066 82nd St, Indianapolis, IN 46250
  • Castleton Crossing — 5520 82nd St, Indianapolis, IN 46250
  • Castleton Square Mall South Entrance — Unnamed Road, Indianapolis, IN 46250

Frequently Asked Questions

What type of property is this?
Shopping center - Near Castleton Square, with access from an I-465 exit.
Where is this shopping center located?
The property is located at 5612 CASTLETON COR WAY Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Retail outlot at I‑465 and Allisonville Road; Adjacent to Castleton Square; Shopping center includes Harbor Freight and Golf Galaxy
(317) 844-0700 Call to check price and availability
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