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198-Acre Development Site Indianapolis
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6309 West 86th Street, Indianapolis, IN 46278

Largest remaining development site in Indianapolis at 86th and I-465.

Property Size198 SF
Lot Size198.00 Acres
Days on Market164

Property Features for 6309 West 86th Street

General Information

Standard status Active
Size 198 SF
Lot size 198.00 Acres
Property subtype Land
Listing Agency: CBRE | Indianapolis
Listed By: Mark Writt
Source: Cbre
Added: Mar 26 Changed: Sep 3 Last Checked: Sep 5 at 5:37AM

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 CBRE | Indianapolis

Investment Insights

Based on property information with market context.

This 198-acre parcel, known as The Park at West 86th, represents the largest remaining development site in Indianapolis, situated at the intersection of 86th Street and I-465. The property offers possibilities for mixed-use development, in cooperation with Pike Township and the City of Indianapolis. A conceptual master plan envisions a dynamic destination incorporating retail, residential, senior living, office, and medical facilities. Existing ponds are intended to enhance green spaces throughout the development. The site is also suitable for a headquarters campus or medical campus, potentially with supporting developments such as hotels and retail spaces. The Park at West 86th will provide multiple access points for ingress and egress within the future development.

Key Highlights

  • Largest remaining development site in Indianapolis with 198 acres.
  • Prime location at 86th Street and I‑465.
  • Suitable for mixed‑use development including retail, residential, senior living, office, and medical.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Garden Center Big Box & Wholesale Store Law Firm Parking Lot & Garage 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.

Location Intelligence

Trade Area within ½ mile

1,219
Businesses Nearby

Demographics for 46278, IN

8,910
Population
3,357
Households
2.7
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
13.2 sq mi
ZIP Area
675
Density / Sq Mi
$153,930
Median Household Income
$79,007
Median Earnings
$1,172
Median Rent
$420,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Largest remaining development site in Indianapolis at 86th and I-465.
Where is this commercial land located?
The property is located at 6309 West 86th Street Indianapolis, IN.
What are key features of this property?
This property features: Largest remaining development site in Indianapolis with 198 acres.; Prime location at 86th Street and I‑465.; Suitable for mixed‑use development including retail, residential, senior living, office, and medical.
More about this property
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