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Commercial Land Zoned D5/C5
For Sale
$295,000

3049 Kentucky Avenue, Indianapolis, IN 46221

LAND - Indianapolis, IN

Property SizeContact for details
Lot Size0.53 Acres
Days on Market127

Property Features for 3049 Kentucky Avenue

General Information

Property type Land
Property subtype Other
Zoning D5/C5
Subdivision No Subdivision
Elementary school district MSD Decatur Township
Middle school district MSD Decatur Township
High school district MSD Decatur Township
Directions GPS Friendly
Standard status Active
APN 491129111596000200
Lot size 0.53 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MARS HILL L2026 & L2027 MARS HILL LOTS 1835&1836
Legal Description MARS HILL L2026 & L2027 MARS HILL LOTS 1835&1836

Utilities

Sewer type Public Sewer
Listing Agency: CENTURY 21 Scheetz · Century 21 Real Estate
Listed By: Hasan Kiswani · License #RB26000437
Added: Apr 1 Changed: Aug 2 Last Checked: Aug 5 at 4:06PM
MLS# 22092798

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.

Commercial land opportunity consisting of two immediately adjacent lots at 3049 and 3059 Kentucky Avenue, totaling 0.53 acres. The site is zoned D5/C5 with general commercial designation and is served by public sewer.

Located on Kentucky Avenue (SR 67) on Indianapolis’s active southwest corridor, the property offers high-visibility frontage and convenient access to I-465 and the Indianapolis International Airport, just minutes away.

This configuration can support owner-operator or development plans where C5 general commercial flexibility and a high-exposure site along a major corridor are important considerations.

Key Highlights

  • Two immediately adjacent lots: 3049 and 3059 Kentucky Avenue
  • Total lot size: 0.53 acres
  • Zoned D5/C5 general commercial

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Parking Lot & Garage HVAC Service

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

114
Businesses Nearby

Demographics for 46221, IN

27,991
Population
11,120
Households
2.5
Avg Household Size
35
Median Age
16%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,400
Density / Sq Mi
$58,316
Median Household Income
$40,665
Median Earnings
$1,111
Median Rent
$174,900
Median Home Value
Rey
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 land totaling 0.53 acres with D5/C5 general commercial zoning and public sewer service.
Where is this commercial land located?
The property is located at 3049 Kentucky Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two immediately adjacent lots: 3049 and 3059 Kentucky Avenue; Total lot size: 0.53 acres; Zoned D5/C5 general commercial
More about this property
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