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10640 E 59th St
Indianapolis, IN 46236
Land For Sale
·
6.00 AC
Investment Highlights
- Zoned Industrial “I2” with development potential for manufacturing, warehousing, or storage.
- Full utilities available on site to support immediate development plans.
- Located within city limits, providing proximity to a strong labor force and supply chain network.
- Convenient access to I-465 and I-70 ensures strong regional and interstate connectivity.
- Positioned within an active industrial submarket near commercial and retail services.
Executive Summary
This offering presents approximately 6 acres of industrial land in Lawrence Township, within Indianapolis city limits, positioned near major transportation arteries. Zoned Industrial “I2,” the site provides a flexible platform for users seeking development opportunities for manufacturing, warehousing, or self-storage facilities. Its location offers excellent accessibility to I-465 and I-70, facilitating efficient regional connectivity and distribution operations.
The property is surrounded by an established industrial corridor with access to full utility services, supporting streamlined construction timelines for developers or end users. Nearby amenities include a range of restaurants and retail centers, serving both workforce and operational needs. With a competitive price point and infill location, this site represents a versatile option for businesses looking to expand or establish operations in the Indianapolis metro area, a dynamic market known for its logistics and advanced manufacturing base.
The property is surrounded by an established industrial corridor with access to full utility services, supporting streamlined construction timelines for developers or end users. Nearby amenities include a range of restaurants and retail centers, serving both workforce and operational needs. With a competitive price point and infill location, this site represents a versatile option for businesses looking to expand or establish operations in the Indianapolis metro area, a dynamic market known for its logistics and advanced manufacturing base.
Property Facts Under Contract
| Sale Type | Investment | Property Subtype | Industrial |
| No. Lots | 1 | Proposed Use | Industrial |
| Property Type | Land | Total Lot Size | 6.00 AC |
| Zoning | I-2 - Industrial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 6.00 AC |
| Zoning | I-2 - Industrial |
1 Lot Available
Lot
| Price | $900,000 | Lot Size | 6.00 AC |
| Price Per AC | $150,000.00 |
| Price | $900,000 |
| Price Per AC | $150,000.00 |
| Lot Size | 6.00 AC |
Description
The property at 10640 E. 59th Street consists of approximately 6 acres of industrial-zoned land in Lawrence Township, Indianapolis. It is classified under zoning designation “I2,” which permits a range of industrial uses. The site benefits from utility availability and is located near major roadways, including I-465 and I-70. Surrounding land uses are primarily industrial, with nearby retail and restaurant amenities.
Property Taxes
| Parcel Number | 49-08-04-134-006.000-407 | Improvements Assessment | $774,100 |
| Land Assessment | $1,412,600 | Total Assessment | $2,186,700 |
Property Taxes
Parcel Number
49-08-04-134-006.000-407
Land Assessment
$1,412,600
Improvements Assessment
$774,100
Total Assessment
$2,186,700
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