5641 86Th St Indianapolis, IN 46250
- Community centers
- 0.28 lot acres
Current Use by Public Records
- Community centers
Property Details for 5641 86Th St
- Lot size
- 0.28 lot acres
- Zone code
- ZO01
- Property type
- Community centers
- APN
- 49-02-21-120-020.000-800
- APU
- 490221120020000800
Description
This 0.28-acre commercial land parcel is located at 5641 E. 86th St., Indianapolis, IN 46250 (APN: 49-02-21-120-020.000-800), in a high-traffic retail and restaurant corridor. The property boasts excellent visibility and accessibility, fronting 86th Street with ample parking. Its strategic location provides easy access from I-465 and proximity to affluent Indianapolis suburbs including Carmel, Fishers, and Noblesville, ensuring a consistent flow of daytime traffic and population throughout the week and weekends. The area is densely populated with retail and entertainment options, including well-established restaurants such as On The Border, Outback Steakhouse, Buca di Beppo, The Melting Pot, Buffalo Wild Wings, Ale Emporium, and Sapporo Japanese Steakhouse. The permitted zoning is GB. This site presents a significant opportunity for various commercial developments, and a ground lease is also a possibility. The property's prime location and high traffic volume make it an ideal investment for businesses seeking strong visibility and access to a substantial customer base. This exceptional location offers a rare opportunity to establish a thriving commercial venture in a thriving area.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $215,000
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Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.0717
- Latitude
- 39.9118
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
