6900 S Mooresville Rd Indianapolis, IN 46221
For Sale
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Excellent development opportunity in fast growing area of southwest Marion County. Convenient Location to Indianapolis Intl Airport. Parcels total 208.52 AC, 49.52 AC currently under contract leaving approx. 159 AC available. Decatur Township Land Ready for Village Center Concept Excellent Development Potential in Path of Ameriplex Parkway Expansion Convenient Location to Indianapolis International Airport Decatur Township Schools Nearby Seller Will Consider Dividing Decatur Township Comp Plan Expectation as Follows : This Critical Area is intended to promote master-planned, walkable suburbanism with a high degree of both vehicle and pedestrian connectivity. Development should include a spectrum of housing types and a mix of neighborhood-serving commercial uses and neighborhood gathering places. Added Uses: No uses are added. Modified Uses: Multi-Family Housing-Should be located at the core of the site, rather than the edges. All Uses: Development should emphasize horizontal, rather than vertical mixed use, with different uses in different buildings. Site design should include a well-connected intrasite pedestrian network with buildings connected directly to pedestrian sidewalks or pathways. Vehicular drives and parking should be designed to minimize conflicts with pedestrian access. Development at the edges of the site should be sensitive to the massing and character of adjacent uses. Removed Uses: No uses are removed.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.