Commercial Land for Sale in Indianapolis, Indiana
5220 W Troy Ave
Indianapolis, IN 46241





Exceptional commercial development opportunity just minutes from Indianapolis International Airport! This 1.8 acre parcel is zoned C-3 and ideally positioned for high visibility and accessibility on the city's growing southwest side. Located adjacent to a Phillips 66 convenience store and along a major corridor with a nearby IndyGo Blue Line bus stop, the level site offers strong traffic exposure and convenient public transit access. Designated as Community Commercial in the city's Comprehensive Plan, the property supports a wide range of retail and service-oriented uses including freestanding buildings and strip centers catering to neighborhood needs. Community Commercial Ideal Uses include Retail, restaurant, medical, service-based businesses, or strip center development. Just minutes from Indianapolis International Airport, I-465 and I-70 Location. Whether you're looking to serve the local community or capture city or airport-related traffic, 5220 W. Troy Ave offers outstanding potential for your next commercial project!
Location
- Street Address
- 5220 W Troy Ave
- County
- Marion County
- Community
- Marion - Wayne
- School District
- MSD Wayne Township
- Elevation
- 732 feet
Property details
- Zoning
- C-3
- MLS Number
- MIBOR 22028290
- Date Posted
Parcels
- 491119109008000900
Legal description
Pt Sw1/4 S19 T15 R3 Beg 451.29' E Sw Cor; N 74.86', Ne 328.58', S 105.59', Nw 326.31' To Beg .682 Ac
Detailed attributes
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Mar 22, 2025 | New listing | $229,900 | — | MIBOR |