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    8211 Brookville Rd Indianapolis, IN 46239

    Sponsored
    For Sale
    $350,000

    1.5 Acres, High Visibility, I-465 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.5-acre commercial/industrial land parcel presents a remarkable development opportunity in Indianapolis, Indiana. Located at 8211 Brookville Road, this highly visible property boasts significant frontage on Brookville Road, ensuring excellent exposure for any future business. The asking price is $350,000. Its strategic location offers easy access to Interstate 465, providing seamless connectivity to the wider Indianapolis metropolitan area and beyond. The property is zoned for both commercial and industrial uses, opening up a wide range of development possibilities, from retail spaces and office buildings to light industrial facilities and warehousing. The expansive lot size provides ample space for construction and potential expansion. This prime location in Marion County, Indiana, with its zip code 46239, offers a unique blend of accessibility and visibility, making it an ideal investment for discerning developers and businesses seeking a strategic foothold in a thriving market. The property's geographic coordinates are 39.7481555 latitude and -86.0211256 longitude. This is a rare opportunity to acquire a substantial piece of land in a high-demand area with excellent infrastructure and connectivity.

    Property Features for 8211 Brookville Rd

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • 1.5‑acre commercial/industrial lot in Indianapolis.
    • High visibility and frontage on Brookville Road.
    • Easy access to I‑465.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail 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
    -86.0211256
    Latitude
    39.7481555

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    FAQs

    What type of property is this?
    Land - 1.5 Acres, High Visibility, I-465 Access
    Where is this land located?
    The property is located at 8211 Brookville Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 1.5-acre commercial/industrial lot in Indianapolis.; High visibility and frontage on Brookville Road.; Easy access to I-465.
    Request Owner's contact information
    8211 Brookville Rd Indianapolis, IN 46239
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    Indianapolis, IN 46239
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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
    8211 Brookville Rd Indianapolis, IN 46239
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