12065 North Michigan Rd — Sale in Zionsville, IN
- Price: $1.8M
- Listing type: For sale
- Asset type: Office
- Location: Zionsville, IN 46077
Photos
Description
Seize the opportunity to develop this 2.24-acre lighted commercial corner located at the bustling intersection of State Road 421/North Michigan Road and W. 121st Street (also known as Greenfield Road). This prime location is at the heart of Zionsville's rapid growth corridor and sits on major traffic routes connecting schools, retail centers, medical facilities, and commuter paths. Nearby projects include Pittman Farms, Fischer Homes' Chelsea Park, Independence Village Zionsville & Grand Brook Memory Care. Nearby Schools are Zionsville Creekside Elementary, Carmel College Wood Elementary, and Zionsville High School. Zoned for Urban B-1 uses, accommodating a variety of businesses such as banks, childcare centers, retail shops, convenience stores without gas stations, medical and dental offices, and more. The average household income is $183,000 within a 3-mile radius and over 2% annual population growth, indicating a prosperous and expanding community. This is a fantastic opportunity to establish or grow your business in a thriving hotspot with exceptional visibility in both Zionsville and West Carmel. Land Size: 2.24 Ac | Listing Type: FOR SALE
Market Context
This office in Zionsville, IN is listed for sale at $1,750,000. Compare it against other office listings for sale in Zionsville, IN — view the full market.
As of Q2 2026, the Indianapolis office market showed a 20.0% vacancy rate, average asking rents near $22.12/SF/yr, and rents up 0.1% year over year. Source: multiple brokerage reports, Q2 2026.
Above-average vacancy gives buyers leverage and a wide set of comparables.
Office market FAQ
- Is the Indianapolis office market tightening or softening?
- Vacancy is around 20.0% (Q2 2026).
First seen on CREHunt: Oct 4, 2026
Contact
- Sharon Thompson — Keller Williams Indy Metro Northeast - Indianapolis IN 46240 · +13175647160 · sharonthompson@kw.com
- Sharon Thompson · +13175647160 · sharonthompson@kw.com
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