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    9140 Harrison Park Dr Indianapolis, IN 46216

    For Sale
    Contact for pricing

    Prime location, high traffic, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land offering presents a unique investment opportunity in Indianapolis, Indiana. The property comprises three parcels totaling approximately 2.85 acres, strategically located at 9140 Harrison Park Drive, zip code 46216, within Marion County. Parcel sizes range from 0.6 to 1.25 acres (one parcel is pending sale). The land is zoned DP (Planned Development), allowing for a variety of potential uses. This prime location boasts exceptional visibility and accessibility, with exposure to over 43,220 vehicles daily. Its adjacency to the Major General Emmett J. Bean Federal Center, a substantial 1.6 million square foot facility employing over 5,000 people, provides a significant built-in customer base. Furthermore, the property is situated directly across from Lawrence Village at the Fort, a 100-acre mixed-use development featuring residential, retail, office, and entertainment spaces. Nearby amenities include Fort Harrison State Park, Ivy Tech Community College, a YMCA, the Indiana National Guard, and Lawrence Community Park & Soccer Fields, enhancing the area's appeal and potential for future growth. This is an ideal opportunity for developers seeking a high-traffic, well-located site with significant development potential in a thriving community.

    Property Features for 9140 Harrison Park Dr

    General Information

    Property type
    Land
    Lot Size
    26,136 SF

    HighLights

    • 1.25‑acre parcel (pending sale); 1.0‑acre parcel; 0.6‑acre parcel available.
    • DP (Planned Development) zoning.
    • High traffic count exceeding 43,200 vehicles per day.
    • Adjacent to the 1.6 million square foot Emmett J. Bean Federal Center (5,000+ employees).
    • Across from Lawrence Village at the Fort, a 100‑acre mixed‑use development.
    • Proximity to Fort Harrison State Park, Ivy Tech Community College, YMCA, Indiana National Guard, and Lawrence Community Park & Soccer Fields.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.0085868
    Latitude
    39.8532296

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    FAQs

    What type of property is this?
    Land - Prime location, high traffic, development potential.
    Where is this land located?
    The property is located at 9140 Harrison Park Dr Indianapolis, IN.
    What are key features of this property?
    This property features: 1.25-acre parcel (pending sale); 1.0-acre parcel; 0.6-acre parcel available.; DP (Planned Development) zoning.; High traffic count exceeding 43,200 vehicles per day.
    (317) 679-6322
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    9140 Harrison Park Dr Indianapolis, IN 46216
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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
    9140 Harrison Park Dr Indianapolis, IN 46216
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