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    I-69/465 Indianapolis, IN 46250

    Sponsored
    For Sale
    $5,700,000

    9.83 acres, high-traffic location, C-5 zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 9.83-acre commercial land parcel presents a unique investment opportunity in Indianapolis, Indiana. Strategically located at the intersection of I-69 and I-465, this property boasts unparalleled visibility and accessibility. The C-5 zoning allows for a wide range of commercial uses, making it highly versatile and attractive to various businesses. All utilities are readily available on-site, simplifying development and reducing upfront costs. The property's high-traffic location is a significant advantage, with average daily traffic counts exceeding 153,000 on I-69 and 143,000 on I-465, ensuring maximum exposure for any development. Its proximity to Community Hospital North, Community Heart and Vascular Hospital, and Community Rehabilitation Hospital makes it particularly well-suited for healthcare-related businesses. The C-5 zoning also permits outdoor uses, such as displays and entertainment venues. Further enhancing its appeal, the Nickle Plate pedestrian trail is under construction along the western property line, adding to the area's vibrancy and walkability. This property is offered at $5,700,000 and represents a compelling investment in a rapidly growing area of Indianapolis. The zip code is 46250.

    Property Features for 0 I-69/465

    General Information

    Property type
    Land
    Lot Size
    428,195 SF

    HighLights

    • 9.83‑acre commercial land parcel in Indianapolis, IN.
    • Prime I‑69 & I‑465 intersection location with exceptional visibility and accessibility.
    • C‑5 zoning allows diverse commercial uses.
    • All utilities available on‑site.
    • High‑traffic location (153,000+ ADT on I‑69, 143,000+ ADT on I‑465).
    • Near Community Hospital North and other healthcare facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0443591
    Latitude
    39.9070699

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    FAQs

    What type of property is this?
    Land - 9.83 acres, high-traffic location, C-5 zoning
    Where is this land located?
    The property is located at I-69/465 Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $5,700,000.
    What are key features of this property?
    This property features: 9.83-acre commercial land parcel in Indianapolis, IN.; Prime I-69 & I-465 intersection location with exceptional visibility and accessibility.; C-5 zoning allows diverse commercial uses.
    (317) 579-9700
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    I-69/465 Indianapolis, IN 46250
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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
    I-69/465 Indianapolis, IN 46250
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