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Listed by Jhirmal Singh • Midland Realty Group, Inc.
$4,500,000
Est. payment /mo
10 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Subdivision Franklin
MLS Listing ID 22038284
HOA Y/N No
Tax Year 2024
Lot Size 10.000 Acres
Acres 10.0
Property Sub-Type Commercial Land
Property Description
Nestled in the heart of one of Indianapolis's most dynamic and rapidly growing suburban corridors, this exceptional 10-acre parcel offers a rare opportunity for developers, investors, or institutional users seeking visibility, access, and long-term upside. Boasting approximately 330 feet of frontage along Combs Road, the site provides both prominence and flexibility for a wide range of development uses, from residential infill to commercial, mixed-use, or community-oriented projects (subject to zoning). Strategically positioned between South Arlington Avenue and the increasingly active 5 Points Road corridor, with convenient access to County Line Road, the property is directly adjacent to existing residential neighborhoods, community centers, and key service anchors, including Lifepoint Church and numerous retail and multifamily developments. The surrounding area has experienced sustained growth over the past decade, supported by strong demographics, ongoing infrastructure investments, and the expanding footprint of southeastern Marion County's suburban development. With a depth of approximately 1,320 feet, the lot's rectangular configuration and gentle topography make it ideal for efficient site planning and phased development. Whether you're looking to capitalize on the area's residential demand, introduce a new community serving commercial node, or secure long-term land holdings in a prime location, this property offers both immediate appeal and future potential.
Location
State IN
County Marion
Zoning CS, DP, I3
Interior
Fireplace N
Building
Sewer Municipal Sewer Near
New Construction false
Schools
Middle Schools Franklin Central Junior High
School District Franklin Township Com Sch Corp
Others
Acceptable Financing See Remarks
Listing Terms See Remarks
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