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Cell Towers

472 N Raceway Rd, Indianapolis, In 46234

ID #564199
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Site Overview
Site Name472 N Raceway Rd, Indianapolis, In 46234
Current InfrastructureResidential
SiteBid ID ##564199
Published DateMay 21, 2025
Modified DateMay 21, 2025
Potential UsesCell Towers
Location
CountyHendricks
School DistrictAvon Community School Corporation
Property
Lot Size1.39 acres
Building Area7,442 sq ft
Buildings2.00
Total Units6.00
Year Built1992
Year Renovated1992

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Infrastructure investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier‑1 tenants (AT&T, Verizon, T‑Mobile, etc.). Depending on the lease terms, valuations can range from 16x–20x annual rent for lump‑sum payments and 18x–25x for structured payouts.

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