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8000 E Castleton Rd - I 69 / 465 Commercial Ground

9.83 Acres of Commercial Land Offered at £4,497,300 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 153,000 on I 69 & 143,000 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 pedestrian trail that runs along the entire western property line is under construction, and it is scheduled to be completed in 2024. Once completed, the Nickle Plate Trail will be 18 miles long. The trail will connect to the existing Monon Trail that is an additional 27 miles in length.

Property Facts

Price £4,497,300
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Auto Dealership
  • Healthcare
  • Hotel
Total Lot Size 9.83 AC

1 Lot Available

Lot

Price £4,497,300
Price Per AC £457,508
Lot Size 9.83 AC

zoning

Zoning Code C-5 (Commercial Zoning)
C-5 (Commercial Zoning)
  • Listing ID: 3878644

  • Date on Market: 11/07/2012

  • Last Updated:

  • Address: 8000 E Castleton Rd, Indianapolis, IN 46250

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