The Park at West 86th

The Park at West 86th presents an exceptional opportunity to acquire a 198-acre, fully entitled development site strategically positioned along the high-visibility West 86th Street corridor in northwest Indianapolis. Zoned D-1, D-2 and DA, the property benefits from 4,800 feet of direct frontage on Interstate 465, offering unparalleled access to one of the region’s busiest thoroughfares and seamless connectivity to downtown Indianapolis, Carmel and the broader I-465 belt. With all utilities stubbed to the site and entitlements in place for two primary phases, this turnkey land parcel is ready for immediate ground-up development.

Highest and best use envisions a dynamic, mixed-use community incorporating retail, residential, senior living, office, medical/hospital and life sciences components. The sheer scale of the site—nearly 8.6 million buildable square feet—affords significant design flexibility, enabling a phased master plan that can adapt to evolving market demands. Whether pursuing Class A multifamily, lifestyle retail anchors, innovation office campus or healthcare campus, The Park at West 86th delivers a blank canvas with the infrastructure, zoning and traffic profile to support a landmark development in the Indianapolis MSA.

Indianapolis continues to rank among the fastest-growing markets in the Midwest, driven by robust population growth, a thriving healthcare and life-sciences cluster, and sustained corporate relocation activity. Residents and employees along the 86th Street corridor enjoy immediate access to established retail destinations, top-tier school districts and major employment centers, ensuring strong demand fundamentals for any vertical product type. Priced upon request, The Park at West 86th offers a rare, institutional-scale land play for developers and investors seeking to capitalize on Indianapolis’s accelerating growth trajectory. For additional details or to schedule a site tour, please contact the listing broker.