Commercial Development
For Sale
$935,000
5700 Mendenhall Road, Indianapolis, IN 46241
LAND - Indianapolis, IN
Property SizeContact for details
Lot Size4.67 Acres
Days on Market94
Property Features for 5700 Mendenhall Road
General Information
Property type
Land
Property subtype
Other
Zoning
Commercial
Subdivision
Mendenhall
Elementary school district
Decatur County Community Schools
Middle school district
Decatur County Community Schools
High school district
Decatur County Community Schools
Directions
GPS Friendly
Standard status
Active
APN
491303103003000200
Lot size
4.67 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Pt Ne1/4 Se1/4 S3 T14 R2 S200' Nw Cor P.O.B. W637.25' S320.19' E637.5' N326.75' To Beg 4.67 Ac With R/W Exceptions
Legal Description
Pt Ne1/4 Se1/4 S3 T14 R2 S200' Nw Cor P.O.B. W637.25' S320.19' E637.5' N326.75' To Beg 4.67 Ac With R/W Exceptions
Listing Agency:
eXp Realty, LLC
(888) 611-3912
Listed By:
Karmbir Dhaliwal · License #RB25001335
(812) 734-6048
Added: May 8
Changed: Jun 16
Last Checked: Aug 9 at 4:06AM
MLS# 22100849
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This commercial development land offering totals 4.67 acres and is presented as a potential site for self-storage use, subject to zoning approval and all necessary municipal and governmental approvals.
The property is located at 5700 Mendenhall Road in Indianapolis, Indiana 46241, within Marion County. The listing is zoned for commercial use, providing a framework for permitted development while final determinations remain subject to the required approval process.
Prospective buyers should review zoning and the approval requirements needed to pursue self-storage development. All development plans will need to comply with applicable municipal and governmental regulations before any construction or operation can proceed.
The property is located at 5700 Mendenhall Road in Indianapolis, Indiana 46241, within Marion County. The listing is zoned for commercial use, providing a framework for permitted development while final determinations remain subject to the required approval process.
Prospective buyers should review zoning and the approval requirements needed to pursue self-storage development. All development plans will need to comply with applicable municipal and governmental regulations before any construction or operation can proceed.
Key Highlights
- Potential development site.
- Suitable for self‑storage use.
- Subject to zoning approval.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
Explore this area
Business Placement
Demographics for 46241, IN
33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial-zoned development site totaling 4.67 acres, with self-storage use subject to approvals.
Where is this commercial land located?
The property is located at 5700 Mendenhall Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $935,000.
What are key features of this property?
This property features: Potential development site.; Suitable for self‑storage use.; Subject to zoning approval.
