Highly Visible 11.2 Acres

Vacant Land for Sale
Also listed as Office
Catylist Listing ID: 29819840
Property Subtypes: Office, Other
Gross Land Area: 11.20 Acres
Sale Price: $5,040,000
Unit Price: $450,000 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/17/2017

Overview / Comments

This 11.2 acre property in the northwest quadrant of I-465 and US 31 (Meridian Street) is Central Indiana’s most prestigious area for an office campus or hotel site. This area serves as the northern gateway to the Indianapolis-Carmel MSA.

> Adjacent to I-465
> Access via new interchanges on U.S. 31 at 106th St. and via Spring Mill Road and Illinois Parkway
> Great visibility from I-465 and U.S. 31
> Spring Mill Road and Illinois Parkway roundabout built in 2014 with potential direct access to the property

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Hamilton
Tax ID/APN: 16-13-11-00-00-027.000

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,971 67,998 196,903
Median Age: 41.1 39.22 38.16
Households: 1,763 31,141 82,790
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