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Property profile & analytics
OFF-MARKET
Land

1215 Franklin Rd Indianapolis, IN 46239

122.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional ±122.5-acre commercial land parcel presents a unique investment opportunity in southeast Indianapolis, Indiana. Located in Warren Township, near the intersection of Brookville Road and Franklin Road, this property boasts convenient access to major transportation arteries. It's approximately 1.5 miles from I-465 (Brookville Road/US 52 exit), 1.25 miles from I-465 (Washington Street exit), 4.5 miles from I-70, 3 miles from I-74, and 7.5 miles from I-65, ensuring seamless connectivity for logistics and distribution. The site is also strategically positioned approximately 5 minutes from Mount Comfort Regional Airport. The property is zoned SU-46, I-3, and DA, offering flexibility for a variety of commercial uses. A CSX Transportation rail line runs along the southern property boundary, presenting potential rail access. The area shows strong recent development, with nearby properties including a Pepsi Distribution Center, Airtron Heating and Air Conditioning, and the Scannell Properties Post Road Commerce Center. Utilities are readily available along Post Road and Rawles Avenue. Offered at $7,350,000, or $60,000 per acre, this expansive tract represents a compelling investment in a thriving industrial corridor. The address is 1215 S Franklin Rd, Indianapolis, IN 46239.

Property profile
Verified
Property type Land
Lot 122.5 ac (5,336,100 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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