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Commercial Land in Growing Township
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6711 Shelbyville Road, Indianapolis, IN 46237

Five-acre commercial land with rezoning potential in Franklin Township.

Property Size5 SF
Lot Size5.00 Acres
Days on Market151

Property Features for 6711 Shelbyville Road

General Information

Standard status Active
Size 5 SF
Lot size 5.00 Acres
Property subtype Land
Listing Agency:
Listed By: Scott Wise
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 21 at 7:50AM

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 Scott Wise

Investment Insights

Based on property information with market context.

This is a five-acre commercial land parcel currently zoned D-A. There is a possibility for rezoning to light commercial or moderate residential use. The location is in Franklin Township, which experienced significant population growth between 2000 and 2020. The population of Franklin Township as of the 2020 census was 65,788, an increase from 32,080 in 2000. This twofold increase ranks Franklin Township as the fastest-growing of Marion County’s nine townships during that timeframe. The township has a median income of $70,000.

Key Highlights

  • Zoned D‑A with potential for rezoning.
  • Located in Franklin Township, the fastest‑growing township in Marion County.
  • Significant population growth in the area.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Skin Care 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

92
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Five-acre commercial land with rezoning potential in Franklin Township.
Where is this commercial land located?
The property is located at 6711 Shelbyville Road Indianapolis, IN.
What are key features of this property?
This property features: Zoned D‑A with potential for rezoning.; Located in Franklin Township, the fastest‑growing township in Marion County.; Significant population growth in the area.
More about this property
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