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Investment Highlights
- 20.8 acres of level land positioned for residential development.
- Adjacent to Brookview Elementary School and near established residential subdivisions.
- Access to municipal utilities supports future development feasibility.
- Currently zoned D-A with Suburban Neighborhood designation in the Comprehensive Plan.
- Minutes from Indianapolis Regional Airport and major logistics hubs like Amazon.
- Located within the Warren Township school district in the Indianapolis metro growth corridor.
Executive Summary
Over 20 acres of level land in Warren Township presents a prime residential development opportunity in a fast-growing Indianapolis submarket. The property is zoned D-A and included in the Comprehensive Plan for Suburban Neighborhood, enabling lower-density residential projects with density potential between 1 and 5 dwelling units per acre. Located adjacent to Brookview Elementary School, this site offers strong appeal for single-family detached housing developers seeking proximity to established neighborhoods within a reputable school district.
Significant nearby infrastructure includes rapid access to major road networks and modern logistics facilities such as Greenfield’s Amazon Warehouse. The property sits minutes from the Indianapolis Regional Airport and regional thoroughfares including Interstate 70, ensuring ease of connectivity. With municipal utilities available and a suburban setting featuring committed residential growth, this site provides competitive positioning for homebuilders looking to capitalize on demand for quality suburban living. Immediate potential exists for development on a portion of the acreage, with the balance suitable for structured phased growth plans.
Significant nearby infrastructure includes rapid access to major road networks and modern logistics facilities such as Greenfield’s Amazon Warehouse. The property sits minutes from the Indianapolis Regional Airport and regional thoroughfares including Interstate 70, ensuring ease of connectivity. With municipal utilities available and a suburban setting featuring committed residential growth, this site provides competitive positioning for homebuilders looking to capitalize on demand for quality suburban living. Immediate potential exists for development on a portion of the acreage, with the balance suitable for structured phased growth plans.
Property Facts
| Price | $924,900 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 20.80 AC |
| Property Type | Land | ||
| Zoning | D-A - Comprehensive Plan Suburban Neighborhood Zoning | ||
| Price | $924,900 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 20.80 AC |
| Zoning | D-A - Comprehensive Plan Suburban Neighborhood Zoning |
1 Lot Available
Lot
| Price | $924,900 | Lot Size | 20.80 AC |
| Price Per AC | $44,466.35 |
| Price | $924,900 |
| Price Per AC | $44,466.35 |
| Lot Size | 20.80 AC |
Description
The property comprises approximately 20.8 acres of level land designated for residential development uses in Indianapolis, Marion County. It is zoned D-A and guided under the Comprehensive Plan as Suburban Neighborhood, permitting 1 to 5 dwelling units per acre. The parcel is adjacent to an elementary school and existing residential neighborhoods and near roadway networks that connect to Interstate 70. Public utilities are available. Multiple easements exist which will influence site planning and use allocations. The location provides proximity to industrial and logistics clusters near Greenfield and the Indianapolis Regional Airport.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 49-08-34-114-001.000-700 | Improvements Assessment | $0 |
| Land Assessment | $42,400 | Total Assessment | $42,400 |
Property Taxes
Parcel Number
49-08-34-114-001.000-700
Land Assessment
$42,400
Improvements Assessment
$0
Total Assessment
$42,400
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1100 N Cumberland Rd




