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Commercial Land with Paved Lot
New
For Sale
$250,000

10 Lynhurst S Drive, Indianapolis, IN 46224

Land, Indianapolis, IN

Property SizeContact for details
Lot Size0.54 Acres
Days on Market2

Property Features for 10 Lynhurst S Drive

General Information

Property type Land
Property subtype Other
Zoning C-4
Zoning description Commercial
Subdivision No Subdivision
Lot features Not In Subdivision, Trees- Small ( Under 20 Ft), Zoned
Elementary school district MSD Wayne Township
Middle school district MSD Wayne Township
High school district MSD Wayne Township
Directions GPS Friendly
Standard status Active
APN 491212122095000900
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pt Ne1/4 S12 T15 R2 Beg 247.25' S & 58.53' W Ofne Cor; W141.47', S69', W91', N2.25', W145',S36.90', E380.16', Nw85.24', Ne15.03'To Beg .537Ac.
Tax Annual Amount 2680
Legal Description Pt Ne1/4 S12 T15 R2 Beg 247.25' S & 58.53' W Ofne Cor; W141.47', S69', W91', N2.25', W145',S36.90', E380.16', Nw85.24', Ne15.03'To Beg .537Ac.

Utilities

Sewer type Public Sewer
Listing Agency: Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By: Shelly Johnson · License #RB14043056
Added: Sep 9 Last Checked: Sep 10 at 9:06AM
MLS# 22124988

Copyright © 2026 Broker Listing Cooperative®. 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 0.54-acre commercial land parcel carries C-4 zoning and includes an existing 60 x 120 paved lot with 24 parking spots. The property provides 100 feet of frontage along Lynhurst Drive and is served by public sewer. Permitted commercial applications identified for the zoning include small retail, professional or medical offices, hair salons, and coffee shops.

The site is positioned near the intersection of Rockville Road and Lynhurst Drive on Indianapolis’ west side, with access to I-465 approximately 1/2 mile away. The existing paved improvements provide an established on-site parking configuration for continued use or future commercial development.

Key Highlights

  • 0.54‑acre C‑4‑zoned commercial land parcel
  • 100 feet of frontage on Lynhurst Drive
  • Existing 60 x 120 paved lot

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Nail Salon Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby

Demographics for 46224, IN

38,822
Population
16,912
Households
2.3
Avg Household Size
32
Median Age
24%
College-Educated
83%
High-School Grad
7.2 sq mi
ZIP Area
5,392
Density / Sq Mi
$53,731
Median Household Income
$35,726
Median Earnings
$1,048
Median Rent
$166,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - C-4-zoned site with public sewer and an existing paved parking area.
Where is this commercial land located?
The property is located at 10 Lynhurst S Drive Indianapolis, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.54‑acre C‑4‑zoned commercial land parcel; 100 feet of frontage on Lynhurst Drive; Existing 60 x 120 paved lot
More about this property
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