Commercial

Indianapolis, IN Commercial Land for Sale

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141 properties
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Commercial Land with City Water
Updated: Jun 17
Commercial Land with City Water

7957 Camby, Camby, IN 46113

$2,235,450
21.29 AC lot
21.29‑acre parcel in Camby, Indiana with development flexibility for commercial and residential uses
City water is already on site, helping reduce time and costs to develop raw land
Utilities are conveniently located near the site to support immediate development consideration
Surrounded by new development activity on all sides, indicating growing area momentum
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C-1 Zoned Commercial Land Site
Updated: May 14
C-1 Zoned Commercial Land Site

5555 E Stop 11 Road, Indianapolis, IN 46237

$305,000
1.64 AC lot
1.64‑acre C‑1 zoned commercial site at 5555 E Stop 11 Road in Franklin Township
Shovel‑ready site located just off I‑65 with easy access
Public sewer available
Utilities available via shared easement
Located directly across from Franciscan Health Indianapolis main campus
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Commercial Development Land
Commercial Development Land

5700 Mendenhall Road, Indianapolis, IN 46241

$935,000
4.67 AC lot

Commercial-zoned development site totaling 4.67 acres, with self-storage use subject to approvals.

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C5 Zoned Vacant Commercial Land
C5 Zoned Vacant Commercial Land

5304 W Pike Plaza Rd, Indianapolis, IN 46254

$950,000
5 sqft

Vacant land zoned C5, offering a straightforward site for commercial development in Indianapolis.

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Shovel-Ready C-1 Office Development Land
Shovel-Ready C-1 Office Development Land

5740 S Emerson Avenue, Indianapolis, IN 46237

$479,000
1.80 AC lot

1.80-acre C-1 site with 199 feet of frontage and full curb cut for straightforward full-in/full-out office development.

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Commercial Land with Major Road Frontage
Commercial Land with Major Road Frontage

5436 Brookville Road, Indianapolis, IN 46219

$925,000
1.58 AC lot

Zoned C-3 and C-7, the two-parcel site offers nearly 240 feet of road frontage and utilities available.

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Commercial Development Land with Frontage
Commercial Development Land with Frontage

3049 Kentucky Avenue, Indianapolis, IN 46221

$295,000
0.53 AC lot

Two adjacent commercial lots in C5 zoning offer Kentucky Avenue frontage for high-intensity use development.

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4.45 Acres Commercial Vacant Land
4.45 Acres Commercial Vacant Land

6450 Shadeland Avenue, Indianapolis, IN 46220

$600,000
4 sqft 4.45 AC lot

Commercial vacant land with high visibility and traffic flow.

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3-Lot Commercial Vacant Land
3-Lot Commercial Vacant Land

3740 N Keystone Avenue, Indianapolis, IN 46218

$270,000
0.15 AC lot

Commercial vacant land offered as a three-lot package, recently rezoned for mixed use development.

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Corner C-5 Development Lot
Corner C-5 Development Lot

828 Shelby Street, Indianapolis, IN 46203

$265,000
0.14 AC lot

C-5 corner lot with utilities available and build-ready status for commercial development in Fountain Square.

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Redevelopment Opportunity on East Washington
Redevelopment Opportunity on East Washington

7525 E Washington St, Indianapolis, IN 46219

$2,750,000
6,121 sqft 2.25 AC lot

2.25-acre site with existing restaurant and redevelopment potential.

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C1 Zoned Vacant Lot
C1 Zoned Vacant Lot

2502 Southeastern Avenue, Indianapolis, IN 46201

$107,000
0.26 AC lot

Vacant commercial lot zoned C1, offering flexibility for a range of permitted uses.

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Office Building and Development Land
Office Building and Development Land

8834 & 8844 W Washington Street, Indianapolis, IN 46231

$329,000
0.35 AC lot

Property includes two vacant parcels and an existing office building with private offices, conference room, and storage space.

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Established Garden Center on 9.93 Acres
Established Garden Center on 9.93 Acres

4914 Rockville Rd, Indianapolis, IN 46224

$1,950,000
10,422 sqft 9.93 AC lot

Long-established garden center for sale on a 9.93-acre property.

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Commercial Development Land Package
Commercial Development Land Package

4460 Mann Road, Indianapolis, IN 46221

$279,000
3.45 AC lot

Packaged two-parcel site totaling 3.45 acres with C-3 and D6II zoning and flat topography near I-465 connectivity.

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Commercial Zoned Development Land
Commercial Zoned Development Land

421 Bridgeport Road S, Indianapolis, IN 46231

$330,000
3.38 AC lot

Commercially zoned lot totaling about 3.38 acres with an ALTA/NSPS survey on file and room for multiple business concepts.

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Corner Commercial Land Parcel
Corner Commercial Land Parcel

5520 Rock Hampton Court, Indianapolis, IN 46268

$525,000
1.12 AC lot

Corner lot provides 1.12 acres for commercial or industrial development near major road access.

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Office Building with Development Parcels
Office Building with Development Parcels

2316 Mellen Road, Indianapolis, IN 46231

$329,000
0.35 AC lot

Existing office building with three private offices and conference room, plus two vacant parcels for future development.

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Prime Retail/Medical Land Opportunity
Prime Retail/Medical Land Opportunity

5901 E. Thompson Rd., Indianapolis, IN 46237

$550,000
2 sqft

2.08 acres ideal for retail or medical development.

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Corner Commercial Land Site
Corner Commercial Land Site

1401 S Meridian Street, Indianapolis, IN 46225

$74,000
0.12 AC lot

Corner lot with full frontage on two city streets and utilities available, positioned for a broad range of commercial uses.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

821 E 38th St, Indianapolis, IN 46205

$499,900
900 sqft 0.61 AC lot

0.61-acre commercial land parcel in high-traffic Indianapolis location.

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Commercial Development Land with C-4 Zoning
Commercial Development Land with C-4 Zoning

3815 N Shadeland Avenue, Indianapolis, IN 46226

$1,200,000
2.41 AC lot

C-4 zoned commercial site on 2.41 acres with a vacant house and strong traffic along Shadeland Ave.

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Commercial Land Available for Sale
Commercial Land Available for Sale

6100 Mann Road |, Indianapolis, IN 46221

$1,500,000
5 sqft

5 AC +/- of commercial land available for sale.

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Residential Development Lot
Residential Development Lot

2002 E Washington Street, Indianapolis, IN 46201

$95,000
0.20 AC lot

Flat, prepped 0.2-acre residential-zoned lot with on-site water and sewer, ready for your next build.

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Indianapolis, IN Commercial Land Market Trends and Statistics

Explore 141 commercial land for sale in Indianapolis, IN, showcased through 141 active listings on our real estate platform. These investment opportunities span a total of 21,554,749 square feet of properties for sale, with an estimated market value of $52,904,449.

Sale prices for commercial lots in Indianapolis, IN start at $30,000, averaging $724,718, 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 property segments ranked by active listings on the market

Commercial land 175
Residential land & home lots 115
Industrial land 35
Agricultural land / Farmland 7
Recreation land 1

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 average listing prices of real estate assets

Neighborhood Average Price
46218 $135K
46225 $145.7K
46217 $200K
46208 $221.1K
46201 $268K

Taxes & Financing

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

Property Size Breakdown

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

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