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.
|
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 |
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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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
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