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    5436 Brookville Rd Indianapolis, IN 46219

    For Sale
    $1,200,000

    Unimproved Land - Indianapolis, IN

    Type:Unimproved Land
    Lot size:
    1.58 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 8 at 8:06 pm

    Property Features for 5436 Brookville Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    C-3 & C-7
    APN
    491010183015000701
    Exterior features
    Corner Lot
    Lot size
    1.58 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Indy South (317) 882-5900 [email protected]

    Listing agent Shelly Johnson (317) 882-5900 License #RB14043056

    Listing date Oct 22, 2025

    MLS# 22067678 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Land on Brookville Road

    This commercial property features 1.54 acres across two parcels. Zoned C-3 and C-7, the site offers versatility for various uses, including daycare, community center, consumer services, laundromat, and funeral home. Previously a gas station, the site may offer potential for fuel service use. All utilities are available. The location provides strong visibility with nearly 240' of frontage along Brookville Road. The property benefits from high traffic, with over 10,000 cars daily. This property presents an opportunity for redevelopment or investment in Indianapolis, IN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.075126
    Latitude
    39.761104

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    FAQs

    What type of property is this?
    Commercial land - 1.54 acres of commercial land with high visibility.
    Where is this commercial land located?
    The property is located at 5436 Brookville Rd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - C-3 Zoning allows for versatile commercial uses (daycare, community center, consumer services, etc.).; - High visibility location with approximately 240' of frontage on Brookville Road.; - All utilities are available at the site.
    (317) 882-5900
    Request Owner's contact information
    5436 Brookville Rd Indianapolis, IN 46219
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    Indianapolis, IN 46219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5436 Brookville Rd Indianapolis, IN 46219
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