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    6100 Mann Rd Indianapolis, IN 46221

    Sponsored
    For Sale
    $1,500,000

    5-Acre Lot, $1.5M, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre commercial land parcel is strategically located at the southwest corner of Mann and Thompson Roads in Indianapolis, Indiana (zip code 46221), offering unparalleled visibility and accessibility. The property boasts approximately 486 feet of frontage on Thompson Road and approximately 450 feet of frontage on Mann Road, providing ample space for a wide variety of commercial developments. Its location offers immediate access to I-465, with convenient eastbound on-ramps and westbound off-ramps, ensuring excellent connectivity for businesses and customers. The land is currently zoned DA and will require rezoning for commercial use. The asking price is $1,500,000, translating to a land value of $6.86 per square foot. This under-served area is experiencing population growth, making this a prime investment opportunity for developers seeking high-traffic exposure and significant development potential. The property's size and configuration, situated at a signalized intersection, allow for diverse commercial uses. This is a rare opportunity to acquire a substantial commercial lot in a rapidly developing area of Indianapolis.

    Property Features for 6100 Mann Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • High‑traffic signalized intersection.
    • 486 feet of Thompson Road frontage.
    • 450 feet of Mann Road frontage.
    • Direct I‑465 access (eastbound on‑ramp, westbound off‑ramp).
    • High‑growth, underserved market.
    • Versatile corner lot suitable for diverse commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Hair Salon Clothing Store Building Supply Auto Repair Shop Accounting Firm Wholesale Shop Daycare Center Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.24314555
    Latitude
    39.69204144

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    FAQs

    What type of property is this?
    Land - 5-Acre Lot, $1.5M, High Visibility
    Where is this land located?
    The property is located at 6100 Mann Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: High-traffic signalized intersection.; 486 feet of Thompson Road frontage.; 450 feet of Mann Road frontage.
    (317) 844-2700
    Request Owner's contact information
    6100 Mann Rd Indianapolis, IN 46221
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    Indianapolis, IN 46221
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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
    6100 Mann Rd Indianapolis, IN 46221
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