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Property profile & analytics
OFF-MARKET
Land

0 I-69/465 Indianapolis, IN 46250

9.83 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.83-acre commercial land parcel presents a unique investment opportunity in Indianapolis, Indiana. Strategically located at the intersection of I-69 and I-465, this property boasts unparalleled visibility and accessibility. The C-5 zoning allows for a wide range of commercial uses, making it highly versatile and attractive to various businesses. All utilities are readily available on-site, simplifying development and reducing upfront costs. The property's high-traffic location is a significant advantage, with average daily traffic counts exceeding 153,000 on I-69 and 143,000 on I-465, ensuring maximum exposure for any development. Its proximity to Community Hospital North, Community Heart and Vascular Hospital, and Community Rehabilitation Hospital makes it particularly well-suited for healthcare-related businesses. The C-5 zoning also permits outdoor uses, such as displays and entertainment venues. Further enhancing its appeal, the Nickle Plate pedestrian trail is under construction along the western property line, adding to the area's vibrancy and walkability. This property is offered at $5,700,000 and represents a compelling investment in a rapidly growing area of Indianapolis. The zip code is 46250.

Property profile
Verified
Property type Land
Lot 9.83 ac (428,195 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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