Office-Development Commercial
For Sale
$479,000
5740 S Emerson Avenue, Indianapolis, IN 46237
Land, Indianapolis, IN
Property SizeContact for details
Lot Size1.80 Acres
Days on Market244
Property Features for 5740 S Emerson Avenue
General Information
Property type
Land
Property subtype
Other
Zoning
C -1
Zoning description
Commercial
Subdivision
No Subdivision
Lot features
Undeveloped
Elementary school district
Perry Township Schools
Middle school district
Perry Township Schools
High school district
Perry Township Schools
Directions
GPS Friendly
Standard status
Active
APN
491504132003000500
Lot size
1.80 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Pt E1/2 Se1/4 S4 T14 R4 Beg 1426.88' S & 55.04' W Of Ne Cor P.O.B. W379.96' S200' E379.96' N200' To Beg 1.801Ac
Tax Annual Amount
6750
Legal Description
Pt E1/2 Se1/4 S4 T14 R4 Beg 1426.88' S & 55.04' W Of Ne Cor P.O.B. W379.96' S200' E379.96' N200' To Beg 1.801Ac
Utilities
Sewer type
Public Sewer
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By:
Michael Huff
(317) 882-5900
Added: Feb 22
Changed: Oct 8
Last Checked: Oct 24 at 6:06PM
MLS# 22085663
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1.80-acre commercial land parcel at 5740 S Emerson Avenue is zoned C-1 for office use and offers 199 feet of frontage. A full curb cut supports inbound and outbound circulation. The site also includes an existing stormwater drainage system with an Aqua-Swirl unit and detention pond sized for full buildout, along with public sewer service.
The property is positioned near retail development at Emerson & Thompson, including Wawa, Chick-fil-A, Crew Carwash, Kroger, VASA Fitness, and Dutch Bros Coffee. Traffic on the corridor exceeds 38,000 vehicles per day, with near-immediate access to I-465 and I-65. A proposed apartment development immediately south is also part of the surrounding development context.
The property is positioned near retail development at Emerson & Thompson, including Wawa, Chick-fil-A, Crew Carwash, Kroger, VASA Fitness, and Dutch Bros Coffee. Traffic on the corridor exceeds 38,000 vehicles per day, with near-immediate access to I-465 and I-65. A proposed apartment development immediately south is also part of the surrounding development context.
Key Highlights
- 1.80‑acre commercial land parcel zoned C‑1 for office use
- 199 feet of frontage on South Emerson Avenue
- Full curb cut with full‑in/full‑out access
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
38,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
Explore this area
Business Placement
Demographics for 46237, IN
44,378
Population
17,660
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
89%
High-School Grad
14.7 sq mi
ZIP Area
3,019
Density / Sq Mi
$76,676
Median Household Income
$47,742
Median Earnings
$1,272
Median Rent
$216,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Commercial land - C-1 office-zoned site with existing stormwater infrastructure and full in-and-out access from South Emerson Avenue.
Where is this commercial land located?
The property is located at 5740 S Emerson Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 1.80‑acre commercial land parcel zoned C‑1 for office use; 199 feet of frontage on South Emerson Avenue; Full curb cut with full‑in/full‑out access
