
Land for Sale in Indianapolis, Indiana
5740 S Emerson Ave, Indianapolis, IN 46237
Outstanding Development Opportunity - HIGHLY MOTIVATED SELLER / Moving to Florida. Position your next office project on one of South Indianapolis' most active commercial corridors - One of the few shovel-ready office development sites remaining on South Emerson Avenue. 5740 S Emerson Ave offers 1.80 acres zoned C-1 (Office) with 199 feet of frontage and full curb cut providing full-in/full-out access-a rare combination of visibility and easy site circulation for virtually any office concept (medical, professional, service office, or owner-user). This site delivers an enormous head start on development: an existing stormwater drainage system with Aqua-Swirl unit and detention pond is already in place, sized for full buildout-a major time and cost advantage that can streamline civil design and accelerate your schedule. RECENT AREA DEVELOPMENT - Surrounding investment continues to elevate the appeal of this corridor with new retail development at Emerson & Thompson including new Wawa, Chick-fil-A, and Crew Carwash, as well as a recently added Kroger, VASA Fitness and Dutch Bros Coffee. Additionally, a proposed apartment development immediately south adds future demand from a growing residential base-ideal for professional services and office users. With 38,000+ vehicles per day and nearly immediate access to I-465 and I-65, this location checks all the boxes developers and end-users want: clean site, strong traffic, strong growth, and reduced upfront infrastructure cost.
Location
- Street address
- 5740 S Emerson Ave
- County
- Marion County
- Community
- Marion - Perry
- School district
- Perry Township Schools
- Elevation
- 836 feet
Property details
- Acreage
- 1.8 acres
- Zoning
- C -1
- MLS #
- MIBOR 22085663
- Posted
Parcels
- 491504132003000500
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
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
- Franchise
- Keller Williams Realty
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 24, 2026 | New listing | $479,000 | — | MIBOR |





