6309 W 86Th St Indianapolis, IN 46278
For Sale
CBRE, as sole and exclusive agent, is pleased to announce the opportunity to acquire the largest remaining site for development in Indianapolis located at 86th street and I-465. This 198-acre parcel, we call The Park at West 86th, offers many exciting possibilities for mixed use development in cooperation with Pike Township and the City of Indianapolis. The included conceptual master plan envisions a dynamic destination with a variety of uses such as retail, residential, senior living, office, medical, and the existing ponds will enhance the green spaces throughout. This site can also serve as a headquarters campus, or medical campus with ancillary supporting developments such as hotels and retail. The Park at West 86th provides several access points and for ingress and egress within the future development.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.