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Commercial Land Development Site

5700 Mendenhall Road, Indianapolis, IN 46241

For Sale
$900,000

Land, Indianapolis, IN

Property SizeContact for details
Lot Size4.67 Acres
Days on Market186

Property Features for 5700 Mendenhall Road

General Information

Property type Land
Property subtype Other
Zoning Commercial
Zoning description Commercial
Subdivision Mendenhall
Lot features Agric Land
Elementary school district Decatur County Community Schools
Middle school district Decatur County Community Schools
High school district Decatur County Community Schools
Directions GPS Friendly
Standard status Active
APN 491303103003000200
Lot size 4.67 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Pt Ne1/4 Se1/4 S3 T14 R2 S200' Nw Cor P.O.B. W637.25' S320.19' E637.5' N326.75' To Beg 4.67 Ac With R/W Exceptions
Tax Annual Amount 5110
Legal Description Pt Ne1/4 Se1/4 S3 T14 R2 S200' Nw Cor P.O.B. W637.25' S320.19' E637.5' N326.75' To Beg 4.67 Ac With R/W Exceptions
Listing Agency: eXp Realty, LLC
Listed By: Karmbir Dhaliwal · License IN RB25001335
Added: May 8 Changed: Oct 8 Last Checked: Nov 9 at 1:06PM
MLS# 22100849

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.

Rey
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Investment Insights

Based on property information with market context.

This 4.67-acre commercial land tract is positioned for potential self-storage development. Any such use remains subject to zoning approval and all required municipal and governmental approvals.

The property is located at 5700 Mendenhall Road in Indianapolis, Indiana, within ZIP code 46241 and Marion County. The site is offered for sale as commercial land.

Key Highlights

  • 4.67‑acre commercial land tract
  • Commercial zoning designation
  • Potential self‑storage development use

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Auto Repair Shop Restaurant Auto Parts Store

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

183
Businesses Nearby

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Indianapolis

Jul
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with potential for self-storage development, subject to zoning and governmental approvals.
Where is this commercial land located?
The property is located at 5700 Mendenhall Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 4.67‑acre commercial land tract; Commercial zoning designation; Potential self‑storage development use
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