For Sale
$2,178,000

5500 Thompson RdIndianapolis, IN 46221

Prime Indianapolis land, 22 acres, dual road access.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 22-acre parcel presents a unique investment opportunity in Indianapolis, Indiana. Located at 5500 West Thompson Road, Marion County, zip code 46221 (latitude 39.6916527, longitude -86.2552062), this property boasts dual road access via Mann and Thompson Roads, offering significant development flexibility. The land is characterized by a rolling terrain with mature trees lining much of its perimeter, providing a natural aesthetic. The site is zoned DP, and the comprehensive plan suggests a density of 3.5 to 5 units per acre. This location benefits from its proximity to a major employment base centered around airport logistics, minimizing commute times for potential residents or employees. An existing extensive storm water system is already in place, streamlining development processes and reducing upfront infrastructure costs. The property's strategic location adjacent to I-465, with convenient access to both eastbound on-ramps and westbound off-ramps, ensures excellent connectivity. A signalized intersection at Mann and Thompson Roads further enhances accessibility. The presence of overhead high-tension lines presents an opportunity to incorporate green space and amenities into the development plan. The asking price for this substantial land parcel is $2,178,000. This property is suitable for both commercial and residential development.

Highlights

  • $2,178,000 asking price.
  • 22-acre land parcel.
  • Commercial and residential zoning (DP).
  • Located at 5500 Thompson Rd, Indianapolis, IN 46221.
  • Access from Mann and Thompson Roads.
  • Mature trees along perimeter.

Property Details for 5500 Thompson Rd

Property type
Land
Lot Size (sq. ft)
958,320 SF

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.6916527
Longitude
-86.2552062
5500 Thompson Rd, Indianapolis, Indiana

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5500 Thompson Rd
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