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    6086 86Th St Indianapolis, IN 46250

    Sponsored
    For Sale
    Contact for pricing

    Prime Indianapolis retail land, build-to-suit.

    Property size:
    100,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Castle Creek Commons presents a unique opportunity for retail development in Indianapolis, Indiana. This exceptional property, located at 6086 E 86th Street, offers a substantial build-to-suit parcel available for lease or sale. The site boasts a total area ranging from 2.86 to 4.64 acres, providing ample space for a variety of retail projects. With a total of 100,000 square feet of potential development, this location offers significant scale and visibility. Strategically positioned across from Castleton Square Mall in Indianapolis' primary trade area, this property benefits from high traffic volume and strong consumer demographics. The site enjoys excellent accessibility, situated at a signalized intersection on 86th Street with convenient access to Interstate 465, ensuring ease of access for customers and employees. Importantly, these parcels represent the last remaining undeveloped land in the highly desirable Castleton area, making this a truly rare and valuable opportunity for investors and developers seeking a prime retail location. This is an exceptional chance to establish a significant retail presence in a thriving Indianapolis market.

    Property Features for 6086 86Th St

    General Information

    Property type
    Land
    Square Feet
    100,000 SF
    Lot Size
    124,582 SF

    HighLights

    • Build‑to‑suit land parcel available for lease or sale.
    • Outlot available for lease or sale.
    • High‑traffic location in Indianapolis' primary trade area, directly across from Castleton Square Mall.
    • Excellent visibility and access via a signalized intersection at 86th Street and I‑465.
    • Rare opportunity: the last remaining undeveloped parcels in the Castleton area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0640207
    Latitude
    39.9124916

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    FAQs

    What type of property is this?
    Land - Prime Indianapolis retail land, build-to-suit.
    Where is this land located?
    The property is located at 6086 86Th St Indianapolis, IN.
    What are key features of this property?
    This property features: Build-to-suit land parcel available for lease or sale.; Outlot available for lease or sale.; High-traffic location in Indianapolis' primary trade area, directly across from Castleton Square Mall.
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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
    6086 86Th St Indianapolis, IN 46250
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