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The subject parcel is competitively priced at $59,000 per acre for a site that is located on an Interstate Exit. The property has visibility from I-74 and Post Road, and is intersectional. Adjacent land uses are retail and multi-family. The site currently boasts retail and multi-family zoning, and is well suited for "mixed-use" development.
The property is situated on the east side of Indianapolis Metro, at Exit 96 (Post Road) along Interstate I-74. It is just north of Wendy's and a self storage facility. The exit is a strong commuter route for Indianapolis workers who live south and north in the heavily populated residential areas. It is on the "going home" side of the road.
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