0 86Th St Indianapolis, IN 46278
This exceptional 3-acre commercial land parcel presents a unique investment opportunity in Indianapolis, Indiana. Strategically located at the intersection of 86th Street and Lafayette Road, this property boasts unparalleled access to a thriving, high-income demographic. The surrounding area includes affluent communities such as Trader's Point, Pike Township, Zionsville, Brownsburg, and Eagle Creek, with an average household income exceeding $200,000 within a 3-mile radius. This translates to a substantial consumer base for any commercial venture. The site's convenient proximity to major interstates I-65 and I-465 ensures excellent accessibility and visibility. Furthermore, existing utilities and infrastructure are already in place, simplifying development and reducing upfront costs. With over 31,000 households within a 5-mile radius, this location offers significant market reach. The property is zoned C-4, providing flexibility for a wide range of commercial uses. This prime location and favorable zoning make this 3-acre parcel an ideal investment for developers seeking a high-return opportunity in a rapidly growing area of Indianapolis. The property is situated in Marion County, Indiana, with a zip code of 46278. The precise coordinates are latitude 39.9100813 and longitude -86.2925888.
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.
Costs & Benchmarks
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.