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Property profile & analytics
OFF-MARKET
Commercial real estate

10221 Thompson Rd Indianapolis, IN 46239

1,831 SF 8 ac lot Built 1988
Property ID
US31-0550667
Property summary
AI-generated overview

This exceptional 8-acre property at 10221 E Thompson Rd presents a unique investment opportunity. The land encompasses 348,000 square feet and includes three buildings totaling 1,831 square feet. The property's versatility is highlighted by its mixed-use zoning, encompassing office, land, and special purpose designations. Currently, the property features a single tenant occupancy. Built in 1988, the buildings are single-story structures with a 9-foot ceiling height. A significant portion of the land, approximately 304,500 square feet, is currently vacant, offering substantial expansion or redevelopment potential. The property also boasts two parking spaces. The existing structures offer a solid foundation for various commercial ventures, while the expansive acreage provides ample room for future development or continued agricultural use. The property's location offers both privacy and accessibility, making it an attractive option for a wide range of businesses or investors seeking a unique and versatile property. The combination of existing buildings and substantial vacant land makes this an ideal opportunity for those seeking a blend of immediate income and long-term growth potential.

Property profile
Verified
Property type Commercial real estate
Year built 1988
Total area 1,831 SF
Lot 8 ac (348,480 SF)
UPID US31-0550667
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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