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Prime Development Site Indianapolis Corridor

5304 West Pike Plaza Road Indianapolis, IN 46254

Claim this Listing
For Sale
$775,000

5.21 acre commercial development site in Indianapolis for sale.

Type:OFC, SCR, MU
Lot size:
5.21 Acres
Added:
Sep 26, 2025
Days on Market:
290
Last Refresh:
Jun 29 at 12:07 am

Property Features for 5304 West Pike Plaza Road

General Information

Standard status
Active
Lot size
5.21 Acres
Property subtype
OFC, SCR, MU

Listing office Merrill Property Group

Listing date Sep 26, 2025

Source Realnex

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 Merrill Property Group


Investment Insights

Based on property information with market context.

This 5.21± acre development site is located in Indianapolis’ northwest corridor, situated along Pike Plaza Road, just off West 38th Street and I-65. The property offers visibility and accessibility within a commercial trade area. The location benefits from a dense surrounding population, strong traffic counts, and proximity to retailers, restaurants, and community amenities. Major thoroughfares including W. 38th Street, Lafayette Road, and I-65 provide access. The C-5 (Commercial) zoning accommodates a range of high-intensity commercial uses including retail, office, hospitality, and service-oriented businesses. This site is suited for developers, investors, or end users seeking a parcel in a commercial corridor. The property provides the space and zoning flexibility for retail, mixed-use, hospitality, or service development.

Key Highlights

  • 5.21± acre development site with C‑5 zoning, ideal for various high‑intensity commercial uses.
  • Excellent visibility and accessibility on Pike Plaza Road, just off West 38th Street and I‑65.
  • Located in a well‑established commercial trade area in Indianapolis' northwest corridor.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store HVAC Service Gym & Fitness Center Garden Center Storage Facility Kitchen & Bath Showroom Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - 5.21 acre commercial development site in Indianapolis for sale.
Where is this commercial land located?
The property is located at 5304 West Pike Plaza Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 5.21± acre development site with C‑5 zoning, ideal for various high‑intensity commercial uses.; Excellent visibility and accessibility on Pike Plaza Road, just off West 38th Street and I‑65.; Located in a well‑established commercial trade area in Indianapolis' northwest corridor.
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