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Industrial Lot in Growing Area
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6401 E Hanna Ave, Indianapolis, IN 46203

5.79 acre industrial lot with development potential.

Property Size968 SF
Lot Size5.79 Acres
Price / SF$929.75
Days on Market928

Property Features for 6401 E Hanna Ave

General Information

Standard status Active
Size 968 SF
Lot size 5.79 Acres
Property subtype Land
Zoning I-2
Listing Agency: Midland Realty Group Inc
Listed By: Jhirmal Singh · License #RB20002065
Source: Crexi
Added: Feb 19, 2024 Changed: Aug 23 Last Checked: Sep 3 at 12:48AM

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 Midland Realty Group Inc

Investment Insights

Based on property information with market context.

This 5.79-acre property is zoned I-2, light industrial, offering development potential in a growing area. Situated on E Hanna Ave, the lot is located between two I-465 exits within a corridor that hosts numerous businesses and industries. Residential developments are also easily accessible by road. The area provides business-friendly amenities. The property includes a 968 sq ft home.

Key Highlights

  • 5.79 Acre Lot zoned I‑2 (Light Industrial)
  • Located between two I‑465 exits
  • Tremendous development potential in a growing area

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Skin Care Clinic Gym & Fitness Center

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

97
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value

Market

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - 5.79 acre industrial lot with development potential.
Where is this industrial land located?
The property is located at 6401 E Hanna Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: 5.79 Acre Lot zoned I‑2 (Light Industrial); Located between two I‑465 exits; Tremendous development potential in a growing area
(317) 702-8049 Call to check price and availability
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