±2.34 Acres Commercial Land + ±1.11 Acres Multifamily Site
±2.34 Acres Commercial Land + ±1.11 Acres Multifamily Site
Marketing description
This is a ±3.45-acre development opportunity offered as a packaged sale of two parcels conveyed together at closing, located minutes from the I-465 & Mann Rd interchange on Indianapolis’ southwest side, consisting of ±2.34 acres zoned C-3 Commercial and an adjacent ±1.11-acre parcel zoned D6II for high-density multifamily residential development.
The C-3 parcel supports a wide range of retail, service, and office uses, while the adjacent multifamily parcel provides flexibility for residential or mixed-use development configurations.
The site features flat topography, utilities available on or near site, and is located outside the FEMA floodplain. Mann Road carries approximately 10,016 vehicles per day (2025 AADT) and provides strong connectivity to I-465 and surrounding residential growth corridors.
Investment highlights
• ±2.34 Acres zoned C-3 Commercial
• Nearby ±1.11 Acres suitable for Multifamily Development
• Located near I-465 Exit 7 (Mann Rd interchange)
• Flat topography (less than 2% slope)
• Utilities available on / near site
• Outside FEMA floodplain
• 2025 traffic counts: 10,016 AADT (Mann Rd)
• Strong access to southwest Indianapolis residential growth corridor
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