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    1455 Thompson Rd Indianapolis, IN 46217

    For Sale
    Contact for pricing

    High-traffic QSR/Retail Land Lease Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.55-acre commercial land parcel, located at 1455 Thompson Rd, Indianapolis, IN 46217 (APN: 49-14-03-100-006.000-500), presents a prime opportunity for quick-service restaurants (QSRs) or retail businesses seeking a build-to-suit or land lease arrangement. Situated at the highly visible I-69/I-465 interchange on Indianapolis' southwest side, this C4 zoned property benefits from exceptional daily traffic volume exceeding 70,000 vehicles. The location serves as a major commuter route and commercial thoroughfare for the southwest quadrant of the city and state, connecting to Bloomington and Evansville. This strategic position offers significant advantages, particularly given that QSR sales on the east side of SR 37 consistently surpass the DMA average by approximately 30%. The I-69 construction is complete, with the interchange opening in August 2024. Further enhancing the property's appeal is the inclusion of additional off-site parking located across the street, providing ample space for customers and employees. This is a rare opportunity to establish a business in a high-demand, high-visibility location with excellent access to major transportation arteries.

    Property Features for 1455 Thompson Rd

    General Information

    Property type
    Land
    Lot Size
    23,958 SF

    HighLights

    • 0.55‑acre commercial land parcel in Indianapolis, IN.
    • C4 zoning permits QSR or retail development.
    • Located at the I‑69/I‑465 interchange, a high‑traffic area with approximately 70,000 cars daily.
    • Build‑to‑suit or land lease opportunity available.
    • Includes additional off‑site parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    South Indianapolis Truck ... Truck Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.18555306
    Latitude
    39.69245567

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    FAQs

    What type of property is this?
    Land - High-traffic QSR/Retail Land Lease Opportunity
    Where is this land located?
    The property is located at 1455 Thompson Rd Indianapolis, IN.
    What are key features of this property?
    This property features: 0.55-acre commercial land parcel in Indianapolis, IN.; C4 zoning permits QSR or retail development.; Located at the I-69/I-465 interchange, a high-traffic area with approximately 70,000 cars daily.
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    Indianapolis, IN 46217
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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
    1455 Thompson Rd Indianapolis, IN 46217
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