6086 86Th St Indianapolis, IN 46250
Castle Creek Commons presents a unique opportunity for retail development in Indianapolis, Indiana. This exceptional property, located at 6086 E 86th Street, offers a substantial build-to-suit parcel available for lease or sale. The site boasts a total area ranging from 2.86 to 4.64 acres, providing ample space for a variety of retail projects. With a total of 100,000 square feet of potential development, this location offers significant scale and visibility. Strategically positioned across from Castleton Square Mall in Indianapolis' primary trade area, this property benefits from high traffic volume and strong consumer demographics. The site enjoys excellent accessibility, situated at a signalized intersection on 86th Street with convenient access to Interstate 465, ensuring ease of access for customers and employees. Importantly, these parcels represent the last remaining undeveloped land in the highly desirable Castleton area, making this a truly rare and valuable opportunity for investors and developers seeking a prime retail location. This is an exceptional chance to establish a significant retail presence in a thriving Indianapolis market.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.