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Property profile & analytics
OFF-MARKET
Land

10535 Mcgregor Rd Indianapolis, IN 46259

40.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40.5-acre parcel presents a remarkable investment opportunity in Indianapolis, Indiana. Located at 10535 E McGregor Rd, Marion County, zip code 46259, this property boasts a highly desirable I-3 zoning designation, opening doors to a wide range of commercial and industrial uses. The expansive lot offers approximately 3,640 feet of frontage on McGregor Road, providing significant visibility and accessibility. Its strategic location ensures quick access to I-74, a major transportation artery, facilitating efficient logistics and distribution. Priced at $40,000 per acre, the total asking price is $1,595,000. This represents a compelling value proposition for developers and investors seeking a substantial land holding in a thriving market. The property's size and zoning make it suitable for a variety of projects, from large-scale warehousing and distribution centers to manufacturing facilities and other industrial developments. Given its prime location and zoning, this property is poised for significant appreciation. Don't miss this chance to acquire a significant piece of Indianapolis real estate. The latitude and longitude coordinates are 39.6587559 and -85.978053 respectively.

Property profile
Verified
Property type Land
Lot 40.5 ac (1,764,180 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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