Commercial Land for Sale in Indianapolis, Indiana

5220 W Troy Ave Indianapolis, IN 46241

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$229,900
1.79 acres
Active
agoEst $1,795/mo

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
Community
Marion - Wayne
School District
MSD Wayne Township
Elevation
732 feet
Coordinates
39.7209, -86.2482

Property details

Zoning
C-3
MLS Number
MIBOR 22028290
Date Posted

Parcels

  • 491119109008000900

Legal description

This 1.79-acre property is located at 5220 W Troy Ave in Indianapolis, IN 46241. The property is currently available for sale for $229,900 with a price per acre of $128,436. Listing data is sourced from MIBOR # 22028290.

Verify sale details at the property source or contact Keller Williams Indy Metro NE at (317) 564-7100.

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Checked 1 hour ago. Updated . Parcel data by Regrid.

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