7040 South Franklin Road Indianapolis, IN 46259

Listing office Merrill Property Group j***@merrillpropertygroup.com Show Phone

Listing date Jul 15, 2025

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Investment Insights

Based on property information with market context.

This 5-acre parcel is situated on Franklin Road, south of a new Kroger retail center, and offers ample room for commercial development. The location is experiencing rapid growth, with apartments under development across the street, as well as a large single-family home neighborhood. The site is suitable for complementary uses such as senior housing or a medical office. The parcel will require rezoning to a commercial use.

Key Highlights

• Prime location on Franklin Road, south of the new Kroger retail center.
• 5‑acre parcel suitable for commercial development.
• Rapidly growing Franklin Township.

Property Analytics

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FAQs

What type of property is this?

Commercial land - 5-acre parcel ideal for commercial development in growing area.

Where is this commercial land located?

The property is located at 7040 South Franklin Road Indianapolis, IN.

What is the asking price?

The asking price for this property is $999,000.

What are key features of this property?

This property features: Prime location on Franklin Road, south of the new Kroger retail center.; 5‑acre parcel suitable for commercial development.; Rapidly growing Franklin Township.