Property profile

7931 86Th St Indianapolis, IN 46278

OFF-MARKET
Land
47 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 47 ac (2,047,320 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7931 86Th St Indianapolis, IN 46278
Indianapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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