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Commercial Land with Existing Structure
New
For Sale
$200,000

8809 S Meridian Street, Indianapolis, IN 46217

Land, Indianapolis, IN

Property SizeContact for details
Lot Size0.53 Acres
Days on Market2

Property Features for 8809 S Meridian Street

General Information

Property type Land
Property subtype Other
Zoning C1
Subdivision Southern Homes
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 491424120007000500
Lot size 0.53 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Southern Homes L45 Ex 0.010Ac W Side
Legal Description Southern Homes L45 Ex 0.010Ac W Side
Listing Agency: Keller Williams Indpls Metro N · Keller Williams Realty
Listed By: Josie Lavey · License #RB20001480,INDIANA
Added: Aug 31 Last Checked: Sep 1 at 12:06AM
MLS# 22122853

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 0.53-acre commercial land offering includes a 3,100 SF residential structure that can serve as office space or be removed for future redevelopment. The property consists of two separate parcels and carries C1 zoning, providing a commercial framework for planning the site around a business operation.

Access is provided by curb cuts along South Meridian Street, with the property positioned on the north end of SR-135’s main retail corridor in Indianapolis. The setting transitions between residential and commercial areas, placing nearby rooftops and retail amenities within the surrounding environment. The address is 8809 S Meridian Street, Indianapolis, IN 46217.

Key Highlights

  • 0.53‑acre commercial land offering
  • 3,100 SF existing residential structure suitable for office use or removal
  • Two separate parcels included

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Restaurant Auto Repair Shop Hair Salon Big Box & Wholesale Store 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

550
Businesses Nearby

Demographics for 46217, IN

34,725
Population
14,078
Households
2.5
Avg Household Size
35
Median Age
33%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
1,638
Density / Sq Mi
$88,326
Median Household Income
$46,909
Median Earnings
$1,370
Median Rent
$226,100
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 - C1-zoned site comprising two parcels with an existing structure and direct access from South Meridian Street.
Where is this commercial land located?
The property is located at 8809 S Meridian Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 0.53‑acre commercial land offering; 3,100 SF existing residential structure suitable for office use or removal; Two separate parcels included
More about this property
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