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Commercial Land Assemblage
For Sale
$1,499,999

4498 N Keystone Avenue, Indianapolis, IN 46205

Commercial Sale, Indianapolis, IN

Property SizeContact for details
Lot Size0.30 Acres
Days on Market144

Property Features for 4498 N Keystone Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C3,D5, I1
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Subdivision 4903 - Marion - Washington
Standard status Active
APN 490718103643000801
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Montrose L598, L599 & L600 Ex 20Ft E Side Of Eachlot For Widening Keystone Ave
Tax Annual Amount 1544
Legal Description Montrose L598, L599 & L600 Ex 20Ft E Side Of Eachlot For Widening Keystone Ave

Utilities

Utilities Cable Available

Building Details

Floors in Building 1
Listing Agency: No Limit Real Estate, LLC
Listed By: Charlene Gaard · License #RB14033327
Added: May 23 Changed: Sep 25 Last Checked: Oct 13 at 6:06AM
MLS# 22103933

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 commercial land offering comprises multiple contiguous parcels at 4498 N Keystone Avenue, 4460 N Keystone Avenue, 2325 E 45th Street, 2323 E 45th Street, 2301 E 45th Street, and 2219 E 45th Street. The properties include Keystone Avenue frontage and carry C3, D5, and I1 zoning. Most of the buildings are vacant.

The parcels adjoin the Nickel Plate Trail corridor in an urban infill area. The seller is offering the properties together, with the possibility of considering a parcel division.

Key Highlights

  • Multiple contiguous parcels offered as a package
  • Keystone Avenue frontage
  • Zoning includes C3, D5, and I1

Property Analytics

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Current Use

Indy's Mobile Mechanic Auto Repair Shop Carwash On Wheels Car Wash Durbins Auto Service ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Garden Center Electrical 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

810
Businesses Nearby

Demographics for 46205, IN

27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - The site combines Keystone Avenue frontage with C3, D5, and I1 zoning.
Where is this commercial land located?
The property is located at 4498 N Keystone Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Multiple contiguous parcels offered as a package; Keystone Avenue frontage; Zoning includes C3, D5, and I1
More about this property
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