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    Indianapolis, IN Commercial Land for Sale

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    Beech Grove, IN Speedway, IN Lawrence, IN
    168 listings
    Indianapolis Mixed-Use Redevelopment Opportunity
    $1,499,999
    10,789 SF
    Indianapolis Mixed-Use Redevelopment Opportunity

    4498 N Keystone Avenue, Indianapolis, IN 46205

    1.63 acre assemblage with redevelopment potential in Indianapolis, IN.
    • 1.63 acre assemblage with Keystone Avenue frontage
    • I1 Light Industrial and C3/D5 commercial zoning allows for flexible redevelopment or adaptive reuse
    • Located adjacent to the Nickel Plate Trail corridor in an evolving urban infill area
    • Potential uses include flex industrial, contractor bays, industrial condos, showroom/warehouse, creative office, and live/work concepts
    • Most buildings are currently vacant, providing immediate redevelopment flexibility
    Updated: May 23
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    Prime Commercial Land Opportunity
    $400,000
    3,186 SF
    Prime Commercial Land Opportunity

    4240 & 4244 Madison Avenue, Indianapolis, IN 46227

    One acre commercial potential in Perry Township, Indianapolis.
    • 1 ACRE Commercial Potential in Perry Township
    • Located at the corner of Madison & Lawrence Avenue, near conveniences & commercial locations
    • Two parcels totaling 40,997 sqft (148'x189' & 75'x172')
    • Tons of road frontage and highly visual location
    • Low taxes and NO HOA
    Updated: Apr 11
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    Prime Land on South Emerson
    $479,000
    1.80 Acres
    Prime Land on South Emerson

    1.8-acre commercial land with high visibility and easy access.

    5740 S Emerson Avenue, Indianapolis, IN 46237

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    Prime Commercial Land on Kentucky
    $325,000
    0.53 Acres
    Prime Commercial Land on Kentucky

    Two adjacent lots totaling 0.53 acres on Indianapolis' Southwest corridor.

    3049 Kentucky Avenue, Indianapolis, IN 46221

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    Downtown Indianapolis Commercial Opportunity
    $275,000
    2,400 SF
    Downtown Indianapolis Commercial Opportunity

    1.13-acre site with building, garage, and paved parking.

    1058 S Ewing Street, Indianapolis, IN 46203

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    Commercial Land in Indianapolis
    $74,000
    0.12 Acres
    Commercial Land in Indianapolis

    0.12-acre commercial lot suitable for various business uses.

    1401 S Meridian Street, Indianapolis, IN 46225

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    Prime Commercial Land Opportunity
    $305,000
    1.64 Acres
    Prime Commercial Land Opportunity

    1.64-acre C-1 zoned site near I-65 and Franciscan Health.

    5555 E Stop 11 Road, Indianapolis, IN 46237

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    Fountain Square Corner Lot
    $265,000
    0.14 Acres
    Fountain Square Corner Lot

    Prime commercial land in vibrant Fountain Square, Indianapolis.

    828 Shelby Street, Indianapolis, IN 46203

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    26.7 Acres Tech/Flex Land
    $8,035,195
    26.70 Acres
    26.7 Acres Tech/Flex Land

    Rare 26.7-acre parcel suited for commercial or light industrial development.

    10697 E County Road 450 S, Indianapolis, IN 46231

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    Indianapolis Land For Sale
    $925,000
    1.58 Acres
    Indianapolis Land For Sale

    1.54 acres of commercial land with redevelopment potential.

    5436 Brookville Road, Indianapolis, IN 46219

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    Versatile Commercial Land in Indianapolis
    $330,000
    3.38 Acres
    Versatile Commercial Land in Indianapolis

    3.38-acre commercial lot in a rapidly developing area.

    421 Bridgeport Road S, Indianapolis, IN 46231

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    Indianapolis Land Development Opportunity
    $279,000
    3.45 Acres
    Indianapolis Land Development Opportunity

    3.45 acres for commercial and multifamily development near I-465.

    4460 Mann Road, Indianapolis, IN 46221

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    Indianapolis Church and Land Opportunity
    $299,000
    2,106 SF
    Indianapolis Church and Land Opportunity

    Church with development potential in a thriving commercial district.

    2044 N Olney Street, Indianapolis, IN 46218

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    Indianapolis Land For Sale
    $935,000
    4.67 Acres
    Indianapolis Land For Sale

    4.67 acre commercial land parcel in Indianapolis, Indiana.

    5700 Mendenhall Road, Indianapolis, IN 46241

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    Indianapolis Residential/Commercial Lot For Sale
    $90,000
    0.10 Acres
    Indianapolis Residential/Commercial Lot For Sale

    0.1 acre lot near downtown Indianapolis with flexible C4 zoning.

    2041 Prospect Street, Indianapolis, IN 46203

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    Residential Lots Near Downtown Indianapolis
    $49,000
    0.12 Acres
    Residential Lots Near Downtown Indianapolis

    Vacant lot with residential buildability in a C-3 zone.

    1417 S Meridian Street, Indianapolis, IN 46225

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    Prime Land Parcel, Indianapolis
    $379,900
    0.34 Acres
    Prime Land Parcel, Indianapolis

    0.34-acre parcel with high visibility and versatile development potential.

    1032 And 1040 S East Street, Indianapolis, IN 46225

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    Commercial Land in Indianapolis, IN
    $60,000
    0.14 Acres
    Commercial Land in Indianapolis, IN

    Commercial land available for sale in Indianapolis, Indiana.

    1856 W Morris Street, Indianapolis, IN 46221

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    Riverside Development Opportunity
    $55,000
    0.09 Acres
    Riverside Development Opportunity

    Commercial zoned double-lot in rapidly growing Riverside area.

    2632 N Harding Street, Indianapolis, IN 46208

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    Indianapolis Residential/Commercial Lot For Sale
    $90,000
    0.09 Acres
    Indianapolis Residential/Commercial Lot For Sale

    0.09 acre lot near downtown Indianapolis with flexible zoning.

    2033 Prospect Street, Indianapolis, IN 46203

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    Commercial Land in Riverside Area
    $30,000
    0.04 Acres
    Commercial Land in Riverside Area

    Corner, double lot zoned commercial ready for development in Indianapolis.

    1410 Roache Street, Indianapolis, IN 46208

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    4.45 Acres Commercial Vacant Land
    $600,000
    4.45 Acres Commercial Vacant Land

    Commercial vacant land with high visibility and traffic flow.

    6450 Shadeland Avenue, Indianapolis, IN 46220

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    Prime Development Site Indianapolis Corridor
    $775,000
    5.21 Acres
    Prime Development Site Indianapolis Corridor

    5.21 acre commercial development site in Indianapolis for sale.

    5304 West Pike Plaza Road, Indianapolis, IN 46254

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    Indianapolis Land For Sale
    Contact for pricing
    0.17 Acres
    Indianapolis Land For Sale

    Land available in Indianapolis, Indiana.

    6348 Johnwes Road, Indianapolis, IN 46241

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    Indianapolis, IN Commercial Land Investment Opportunities Market Analysis

    Explore 168 commercial land for sale in Indianapolis, IN, showcased through 168 active listings on our real estate platform. These investment opportunities span a total of 97,948 square feet of properties for sale, with an estimated market value of $24,396,799.

    Sale prices for commercial lots in Indianapolis, IN start at $79,900, averaging $1,355,377, and reaching up to $8,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial land 204
    Residential land & home lots 127
    Industrial land 25
    Agricultural land / Farmland 4

    Property Size Breakdown

    The majority of commercial real estate listings in Indianapolis fall within the 1 to 5 acres range.

    Demographics Overview

    Population 979K
    Population Growth (5Y) +2.8%
    Median Household Income $67,417
    College Educated 30.4%

    High-Yield Neighborhoods for Investment

    Identify Indianapolis submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    46218 $101.2K
    46225 $145.7K
    46217 $200K
    46201 $207.3K
    46208 $276.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.46%
    Property Tax per SF $41.61 per sq ft
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Indianapolis, IN

    • 46237
    • 46203
    • 46221
    • 46208
    • 46219
    • 46225
    • 46227
    • 46241
    • 46202
    • 46205
    • 46231

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