1215 Franklin Rd Indianapolis, IN 46239
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.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.