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6351 Crawfordsville Road

Indianapolis, IN 46224

ActiveListed Oct 4, 2024 · 740 days on market

Key facts

Lot
1.93 acres
Type
Land · Unimproved Land
MLS #
22005200
County
Marion
Subdivision
No Subdivision

About this home

Interstate Visibility. National Destination. Exceptional Development Potential. Positioned along one of Indianapolis' most traveled interstate corridors, 6351 Crawfordsville Road presents a rare opportunity to acquire 1.93 acres of highly visible commercial land serving the nationally recognized Indianapolis Motor Speedway district. Located less than 3 miles from Indianapolis Motor Speedway and approx. 10 miles from Indianapolis International Airport, the property benefits from exceptional regional connectivity while serving one of the Midwest's strongest event-driven commercial corridors. With direct visibility from Interstate 465 and frontage along Crawfordsville Road, the site offers outstanding branding exposure for businesses seeking continuous daily traffic impressions combined with significant event-related demand throughout the year. The property is zoned C-S (Commercial Special), providing flexibility for a variety of commercial development concepts, subject to buyer verification and governmental approvals. Market analysis indicates periodic lodging compression surrounding major Indianapolis events, including Indianapolis Motor Speedway race weekends, regional conventions, sporting events, business travel, and airport-related demand generators. These dynamics position the property as an attractive candidate for hospitality and extended-stay development while remaining well suited for numerous destination-oriented commercial uses. This site is best positioned for businesses whose customers intentionally travel to the destination. Hospitality, entertainment, specialty automotive, institutional, and event-oriented users benefit more from interstate visibility, brand recognition, and regional accessibility.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Not Applicable

Lot and HOA

Zoning
ZO01

Schools

School district
MSD Wayne Township

Taxes

Estimated annual tax
$28,258 / yearTwice the semi-annual installment the listing reports.
Tax year
2023

Estimate your monthly payment

$9,228per month, estimated
Principal and interest $6,427Property tax $2,355Insurance $446
20% · $255,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$1,275,000
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