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Fishers Development Opportunity Near Schools
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Pending

11798 E 131st St, Fishers, IN 46038

11.5-acre site ideal for residential development near top schools.

Property SizeContact for details
Lot Size11.50 Acres
Days on Market276

Property Features for 11798 E 131st St

General Information

Standard status Pending
Lot size 11.50 Acres
Property subtype Land
Zoning R-2 and I-69 Overlay
Listing Agency: KW Commercial / Keller Williams Indy Metro NE
Listed By: Sharon Thompson · License #IN #RB14044406
Source: Crexi
Added: Nov 6, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial / Keller Williams Indy Metro NE

Investment Insights

Based on property information with market context.

This 11.5-acre site presents an exceptional development opportunity in Fishers, offering visibility and accessibility along E 131st Street. The location is near Sand Creek Elementary and Intermediate Schools, and within walking distance of Fishers High School; all three schools are within 0.5 miles. Zoned R2 Residential and located within the I-69 Overland Overlay, the property is situated in an area designated for Suburban Residential development according to the City of Fishers Comprehensive Plan, supporting single-family residential or compatible neighborhood uses. Municipal water and sewer utilities are nearby. The site is accessible directly off E 131st Street, with convenient access to Promise Road and I-69. This site is suitable for a residential subdivision, custom home sites, or long-term investment in a growing area. The combined parcels are located at 11798 & 11842 E 131st Street.

Key Highlights

  • Prime location on E 131st Street with excellent visibility.
  • Zoned R2 Residential, ideal for single‑family homes.
  • Walking distance to Sand Creek Elementary, Sand Creek Intermediate, and Fishers High School.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Spa & Massage 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

213
Businesses Nearby

Demographics for 46038, IN

42,694
Population
17,738
Households
2.4
Avg Household Size
36
Median Age
60%
College-Educated
98%
High-School Grad
15.5 sq mi
ZIP Area
2,754
Density / Sq Mi
$105,092
Median Household Income
$61,220
Median Earnings
$1,489
Median Rent
$301,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 11.5-acre site ideal for residential development near top schools.
Where is this residential land & home lot located?
The property is located at 11798 E 131st St Fishers, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Prime location on E 131st Street with excellent visibility.; Zoned R2 Residential, ideal for single‑family homes.; Walking distance to Sand Creek Elementary, Sand Creek Intermediate, and Fishers High School.
(317) 607-0884 Call to check price and availability
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