Property profile

6309 W 86Th St Indianapolis, IN 46278

FOR SALE
Commercial land
Property ID
US31-0727807
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6309 W 86Th St, Indianapolis, IN 46278 For Sale
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6309 W 86Th St, Indianapolis, IN 46278
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial land
UPID US31-0727807

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6309 W 86Th St Indianapolis, IN 46278
Indianapolis metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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