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    6465-6525 Shanghai Rd Indianapolis, IN 46278

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    For Sale
    Contact for pricing

    Prime CS-zoned land near I-465 & I-65

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This ±15-acre commercial and industrial development opportunity boasts a strategic location in Indianapolis' northwest office and technology corridor. Conveniently situated approximately 15 minutes from Downtown Indianapolis and the Indianapolis International Airport, this property offers immediate interstate access via 71st Street to both I-465 and I-65. The CS zoning permits a variety of uses, making it highly versatile for developers. Its proximity to established business parks like Park 100 and Intech Business Park, which houses notable tenants such as WXIN/WTTV, Heritage Group, Lowe's Support Center, Wabash Valley Power, Social Security Administration, US Customs & Border Protection Office, Purdue Technical School, and Connections Academy, adds significant value. The site benefits from numerous nearby amenities, including restaurants, banks, childcare facilities, and hotels, enhancing its appeal to potential tenants and employees. This exceptional location and flexible zoning make this a rare and compelling investment opportunity in a thriving area of Indianapolis. The property is located at 6465-6525 Shanghai Road, Indianapolis, IN 46278, in Marion County.

    Property Features for 6465-6525 Shanghai Rd

    General Information

    Property type
    Land

    HighLights

    • ±15‑acre development opportunity in Indianapolis, IN.
    • Strategically located in the northwest office and technology corridor, approximately 15 minutes from Downtown Indianapolis and the Indianapolis International Airport.
    • Zoned CS (office/industrial), allowing for diverse uses.
    • Excellent access to I‑465 and I‑65 via 71st Street.
    • Close proximity to Park 100 and Intech Business Park, with numerous nearby amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.2777215
    Latitude
    39.8734984

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    FAQs

    What type of property is this?
    Land - Prime CS-zoned land near I-465 & I-65
    Where is this land located?
    The property is located at 6465-6525 Shanghai Rd Indianapolis, IN.
    What are key features of this property?
    This property features: ±15-acre development opportunity in Indianapolis, IN.; Strategically located in the northwest office and technology corridor, approximately 15 minutes from Downtown Indianapolis and the Indianapolis International Airport.; Zoned CS (office/industrial), allowing for diverse uses.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6465-6525 Shanghai Rd Indianapolis, IN 46278
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