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Commercial Land with Office Building
For Sale
$329,000

8834 & 8844 W Washington Street, Indianapolis, IN 46231

Two vacant parcels accompany an existing office with private offices, a conference room, storage, and flexible workspace.

Property SizeContact for details
Days on Market338

Property Features for 8834 & 8844 W Washington Street

General Information

Standard status Active
Property subtype Commercial Lots & Land

Site & Location

Neighborhood Chapel Hill / Ben Davis
Listing Agency: Carpenter, REALTORSÂ
Listed By: Jane Venezia
Source: Battsrealestategroup
Added: Nov 20, 2025 Changed: Oct 22 Last Checked: Oct 23 at 9:34PM

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 Carpenter, REALTORSÂ

Rey
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Investment Insights

Based on property information with market context.

The commercial land offering includes two vacant parcels and an existing office building. The building contains three private offices, a conference room, a storage room, and additional flexible space.

The property has frontage on US-40 and is near Indianapolis International Airport, with Indianapolis and Plainfield also described as nearby destinations.

Key Highlights

  • Two vacant parcels are included with an existing office building
  • Existing office has three private offices, a conference room, a storage room, and flexible space
  • Frontage on US‑40

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Restaurant Real Estate Agency Auto Parts Store Pharmacy

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

107
Businesses Nearby

Demographics for 46231, IN

10,889
Population
3,895
Households
2.8
Avg Household Size
36
Median Age
19%
College-Educated
79%
High-School Grad
11.7 sq mi
ZIP Area
931
Density / Sq Mi
$76,823
Median Household Income
$47,727
Median Earnings
$1,575
Median Rent
$204,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Two vacant parcels accompany an existing office with private offices, a conference room, storage, and flexible workspace.
Where is this commercial land located?
The property is located at 8834 & 8844 W Washington Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Two vacant parcels are included with an existing office building; Existing office has three private offices, a conference room, a storage room, and flexible space; Frontage on US‑40
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