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9240 E 46th St 7.68 Acres of Industrial Land Offered at $1,800,000 in Indianapolis, IN 46235

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INVESTMENT HIGHLIGHTS

  • ±7.68 AC zoned C-S/I-3 Heavy Industrial
  • All major utilities available at or near site
  • Strong industrial demand in the East Indianapolis submarket
  • Suitable for truck, equipment, and contractor yard uses
  • ALTA survey and proposed site plan included
  • Convenient access to I-465 via Exit 42

EXECUTIVE SUMMARY

Prime heavy industrial development site positioned in a high-demand east Indianapolis industrial corridor. Flexible zoning, strong interstate access, and utility availability make this property ideal for developers or owner-users. ALTA survey and proposed site plan included.

PROPERTY FACTS

Price $1,800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Contractor Storage Yard
  • Distribution
  • Warehouse
Total Lot Size 7.68 AC
Zoning C-S / I-3 - Heavy Industrial

1 LOT AVAILABLE

Lot

Price $1,800,000
Price Per AC $234,375.00
Lot Size 7.68 AC

±7.68-acre heavy industrial lot located near I-465 Exit 42. Zoned C-S/I-3, allowing a wide range of industrial and service-related uses, including truck repair, equipment maintenance, warehousing, and outdoor storage.

DESCRIPTION

This ±7.68-acre site is zoned C-S/I-3 (Heavy Industrial) and is well suited for truck repair, contractor yards, equipment storage, warehousing, distribution, or general industrial development. The property is located along East 46th Street with easy access to I-465 Exit 42, providing excellent regional connectivity for fleet, service, and logistics users. The site is level, mostly cleared from trees with flat topography, and has access to all major utilities. A recent ALTA survey, Clear Phase 1 and a proposed site plan for a heavy-equipment maintenance facility are available for review. Surrounding uses include industrial facilities, commercial service businesses, and dense residential neighborhoods, supporting long-term demand for industrial land in the submarket. This parcel offers a rare opportunity to acquire large-acre industrial land within the Indianapolis market, with flexible zoning and strong transportation access.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-08-08-105-018.000-407
Land Assessment
$449,700
Improvements Assessment
$0
Total Assessment
$449,700
  • Listing ID: 38729273

  • Date on Market: 12/10/2025

  • Last Updated:

  • Address: 9240 E 46th St, Indianapolis, IN 46235

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