6120 E. Thompson Road

Vacant Land for Sale
Catylist Listing ID: 30830683
Property Subtypes: Office, Retail
Gross Land Area: 8.57 Acres
Sale Price: $200,000 Per Acre
Total Price: $1,714,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/2/2023

Overview / Comments

Development opportunity at the NEC of Thompson Road and Arlington Avenue just south of I-465 in Indianapolis. The property contains 8.57 acres +/- and is part of a Planned Development allowing office and retail uses. The property is surrounded by dense residential, has a combined solid traffic count and is utility ready.

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Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Taxing Authority: Marion County
Tax ID/APN: 49-10-35-128-007.000-300
Zoning: C-1 AND C-3
Property Located Between: Arlington and Thompson
Property Visibility: Excellent
Largest Nearby Street: Arlington
Feet of Frontage: 595
Traffic/Vehicle Count: 22,804
Highway Access: I-465
Airports: Indianapolis International
Site Description: Development opportunity at the NEC of Thompson Road and Arlington Avenue just south of I-465 in Indianapolis. The property contains 8.57 acres +/- and is part of a Planned Development allowing office and retail uses. The property is surrounded by dense residential, has a combined solid traffic count and is utility ready.
Area Description: The south side of Indianapolis is conveniently located near downtown and is experiencing solid growth. Franklin Township has a desirable public school system and also is home to the University of Indianapolis. The south side of Indianapolis also has great neighborhood demographics with solid incomes and education.
Lot Frontage: 595
Lot Depth: 368
Zoning Description: C-1 and C-3 allowing for retail and office uses.
Part of Planned Development?: Yes
Development Name: Arlington Avenue & Thompson Road Planned Dev
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,690 72,327 212,656
Median Age: 35.11 35.53 35.07
Households: 3,429 27,840 82,593

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