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6745-6775 S. 475 - 6745 I 6775 S 475 E Zionsville, Indiana 46052 40 Acres of Commercial Land Offered at $4,910,832 CAD in Lebanon, IN 46052

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Investment Highlights

  • REDEVELOPMENT OPPORTUITY
  • LOCATION I ZIONSVILLE I PERRY TOWNSHIP I BOONE COUNTY
  • EASY ACCESSIBILITY I WHITESTOWN PARKWAY & I-65
  • PROXIMITY TO LEAP DEVELOPMENT

Executive Summary

BrightPoint Real Estate is pleased to present a rare large-scale land opportunity located at 6745 and 6775 S 475 E in Zionsville, Indiana. Comprised of four contiguous parcels totaling over 40 acres, the property offers a highly flexible development footprint within one of Central Indiana’s most desirable and supply-constrained suburban markets.
Currently zoned agricultural, the site presents an attractive greenfield opportunity for developers and investors seeking scale, flexibility, and long-term value creation. The property’s size, layout, and topography provide an open canvas suitable for a wide range of future uses, subject to zoning and municipal approvals. Opportunities of this size within Zionsville and Boone County are increasingly limited.
Situated in Perry Township within the City of Zionsville, the property is located approximately 1.38 miles from Whitestown Parkway and Interstate 65, providing strong regional connectivity and access throughout the Indianapolis metropolitan area. This proximity positions the site well for development concepts that leverage commuter traffic, residential growth, and broader logistical accessibility.
Zionsville continues to experience sustained growth driven by expanding residential communities, strong demographics, and a reputation for high quality of life. The surrounding Boone County corridor has seen increasing demand across commercial, mixed-use, and residential asset classes as infrastructure investment and population growth accelerate. The area’s continued evolution supports long-term demand for well-located development sites capable of accommodating future growth.

Property Facts

Price $4,910,832 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Industrial Park
  • Master Planned Community
  • Planned Unit Development
  • Single Family Development
  • Agricultural
Total Lot Size 40.00 AC
Zoning AG - Currently Zoned Agricultural - Subject to Zoning Approval I Perry Township has primary uses as Multi-Family/Mixed Use or Industrial

1 Lot Available

Lot

Price $4,910,832 CAD
Price Per AC $122,770.80 CAD
Lot Size 40.00 AC

$3.6M or Best Offer

Description

This offering represents one of the few remaining large-format development opportunities in Boone County’s high-growth fringe, where infrastructure expansion, population growth, and market demand converge. Its strategic location near I-65, combined with Zionsville’s strong residential base, quality schools, and long-term market fundamentals, positions the property as a compelling opportunity for a wide range of development strategies. Whether pursuing a master-planned community, a phased commercial or mixed-use project, or a long-term land hold with future entitlement potential, this 40+ acre site offers a rare opportunity to establish a significant presence in one of Central Indiana’s most dynamic suburban growth corridors.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 06-03-02-000-045.000-013
  • 06-03-02-000-043.003-013
Land Assessment
$252,808 CAD
Improvements Assessment
$163,357 CAD
Total Assessment
$416,165 CAD
  • Listing ID: 39290056

  • Date on Market: 2026-02-02

  • Last Updated:

  • Address: 6745-6775 S. 475, Lebanon, IN 46052

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