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8600 Combs Rd
Indianapolis, IN 46237
Land For Sale
·
10.00 AC
Investment Highlights
- Fast growing area with many developments
- Large lot with gentle slope
- Strong connection to major roads and nearby highway
Executive Summary
Strategically positioned between South Arlington Avenue and the increasingly active 5 Points Road corridor, with convenient access to County Line Road, the property is directly adjacent to existing residential neighborhoods, community centers, and key service anchors, including Lifepoint Church and numerous retail and multifamily developments. The surrounding area has experienced sustained growth over the past decade, supported by strong demographics, ongoing infrastructure investments, and the expanding footprint of southeastern Marion County’s suburban development.
With a depth of approximately 1,320 feet, the lot’s rectangular configuration and gentle topography make it ideal for efficient site planning and phased development. Whether you're looking to capitalize on the area's residential demand, introduce a new community serving commercial node, or secure long-term land holdings in a prime location, this property offers both immediate appeal and future potential.
Property Facts
1 Lot Available
Lot
| Price | $3,500,000 | Lot Size | 10.00 AC |
| Price Per AC | $350,000.00 |
| Price | $3,500,000 |
| Price Per AC | $350,000.00 |
| Lot Size | 10.00 AC |
This large 10 acre lot located in a beautiful and growing part of Indianapolis is well situated to take advantage of its 330 ft frontage on Combs Rd and proximity to other major and fast developing arterial roads such as 5 Points and County Line Rd!
Description
This ±10.00-acre rectangular parcel is located on the West side of Combs Road, approximately 0.25 miles north of County Line Road and 0.5 miles east of South Arlington Avenue, within the rapidly expanding southeastern Indianapolis submarket. The site offers approximately 330 linear feet of frontage along Combs Road and extends roughly 1,320 feet in depth, with a developable shape conducive to efficient site design and access planning. According to MapIndy, the property is currently zoned CS (Commercial Special), DP (District Plan), and I-3 (Industrial), offering a flexible foundation for a wide variety of commercial, industrial, or mixed-use development concepts, subject to replatting or integration into a new or amended development plan. The zoning allows for possible by-right or conditionally approved uses ranging from office, medical, or neighborhood-serving retail, to light manufacturing, warehouse, or specialized institutional applications. Topography across the site is gentle with no known grade issues. Utility infrastructure, including municipal water, sewer, electric, and gas, is accessible from adjoining developments along Combs Road. The parcel is directly adjacent to Lifepoint Church and surrounded by a blend of residential neighborhoods, apartment communities, and commercial users, making it a prime candidate for transitional land use or phased development. Located in Franklin Township and benefiting from close proximity to County Line Road, Five Points Road, and major arterials, the property is ideally situated to serve both local and regional users. With strong demographic growth, increasing traffic counts, and adjacent development pressure, 8600 Combs Road presents a rare opportunity to capitalize on one of Indianapolis’s most active mixed use corridors
Property Taxes
| Parcel Number | 49-15-23-123-002.000-300 | Improvements Assessment | $0 |
| Land Assessment | $22,400 | Total Assessment | $22,400 |
Property Taxes
Contact the Sale Advisor
8600 Combs Rd