Property summary
This exceptional 80-acre industrial site presents a unique investment opportunity in Indianapolis, Indiana. Located at 3023 W Morris Street, Marion County, zip code 46241, this urban infill property offers significant development potential. The land is comprised of two distinct zoning classifications: 65 acres zoned I-3 and 15 acres zoned D-11. The asking price is $8,000,000 per acre. Strategically positioned for easy access to three interchanges and within three miles of downtown Indianapolis and I-465, this location provides unparalleled connectivity. The property boasts three points of access, enhancing logistical efficiency. Importantly, this site is situated within a Qualified Opportunity Zone, offering potential tax advantages for investors. While a 100-foot buffer zone is required for abutting residential areas, the substantial acreage allows for ample development possibilities. This is a rare opportunity to acquire a large, well-located industrial parcel in a thriving urban market. The property's size, zoning, and accessibility make it ideal for a variety of industrial uses. Contact us today to learn more about this exceptional investment opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.