7931 86Th St Indianapolis, IN 46278
This exceptional 47-acre parcel presents a remarkable development opportunity in the highly sought-after Trader's Pointe area of Pike Township, Marion County, Indiana. Situated near Eagle Creek, this expansive land boasts convenient access to Interstates 65 and 465, ensuring seamless connectivity. The property is currently zoned residential, offering potential for a variety of mixed-use projects. Utilities are readily available nearby. The land is currently wooded, providing a tranquil setting within a thriving community featuring beautiful executive homes. While the current zoning is residential, the potential for expansion up to 50 acres exists, subject to approvals. The area's strong demographics and desirable location make this a truly exceptional investment opportunity. The address is 7931 W 86th St, Indianapolis, IN 46278. This property is priced at $2,750,000. Detailed information regarding potential uses and development plans is available upon request. This is a rare chance to acquire a significant land holding in a prime Indianapolis location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.