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7940 Castleton Road - I 69 / 465 Commercial Ground 9.83 Acres of Commercial Land Offered at $7,956,744 CAD 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 | $7,956,744 CAD | 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 | $7,956,744 CAD |
| 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 | $7,956,744 CAD | Lot Size | 9.83 AC |
| Price Per AC | $809,434.81 CAD |
| Price | $7,956,744 CAD |
| Price Per AC | $809,434.81 CAD |
| Lot Size | 9.83 AC |
1 1
PROPERTY TAXES
| Parcel Number | 49-02-22-117-006.000-400 | Improvements Assessment | $1,430,331 CAD |
| Land Assessment | $1,582,154 CAD | Total Assessment | $3,012,485 CAD |
PROPERTY TAXES
Parcel Number
49-02-22-117-006.000-400
Land Assessment
$1,582,154 CAD
Improvements Assessment
$1,430,331 CAD
Total Assessment
$3,012,485 CAD
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7940 Castleton Road - I 69 / 465 Commercial Ground
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