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7940 Castleton Road - I 69 / 465 Commercial Ground 9.83 Acres of Commercial Land Offered at $5,700,000 in Indianapolis, IN 46250
EXECUTIVE SUMMARY
9.83 acres of prime, C-5, commercial ground located at the intersection of I 69 & 465 on Indianapolis' northeast side. All utilities are available at the site. The property is highly visible from both I69 and 465. Average daily traffic counts are approximately 142,604 on I 69 & 146,745 on 465. The property is an ideal site for health care use utilizing the same 82nd Street exit as Community Hospital North, Community Heart and Vascular Hospital, and Community Rehabilitation Hospital. Zoning also permits outdoor uses, such as, outdoor displays and entertainment.
The Nickle Plate Trail that runs adjacent to entire western property line is a 14’ wide asphalt trail designed for walking, biking, and running. The Nickle Plate Trail connects with the Monon Trail and the Midland Trace Trail, which together create a 41-mile loop that connects the Indianapolis, Fishers, Noblesville, Westfield, and Carmel communities. The trail promotes recreation, health, community, regional connectivity and spurs economic growth.
The Nickle Plate Trail that runs adjacent to entire western property line is a 14’ wide asphalt trail designed for walking, biking, and running. The Nickle Plate Trail connects with the Monon Trail and the Midland Trace Trail, which together create a 41-mile loop that connects the Indianapolis, Fishers, Noblesville, Westfield, and Carmel communities. The trail promotes recreation, health, community, regional connectivity and spurs economic growth.
PROPERTY FACTS
| Price | $5,700,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 9.83 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | C-5 - Commercial Zoning | ||
| Price | $5,700,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 9.83 AC |
| No. Stories | 1 |
| Zoning | C-5 - Commercial Zoning |
1 LOT AVAILABLE
Lot
| Price | $5,700,000 | Lot Size | 9.83 AC |
| Price Per AC | $579,857.58 |
| Price | $5,700,000 |
| Price Per AC | $579,857.58 |
| Lot Size | 9.83 AC |
1 1
PROPERTY TAXES
| Parcel Number | 49-02-22-117-006.000-400 | Improvements Assessment | $1,013,700 |
| Land Assessment | $1,121,300 | Total Assessment | $2,135,000 |
PROPERTY TAXES
Parcel Number
49-02-22-117-006.000-400
Land Assessment
$1,121,300
Improvements Assessment
$1,013,700
Total Assessment
$2,135,000
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