Commercial Land for Sale in Indianapolis, Indiana
7039 E 38th St, Indianapolis, IN 46226
Prime commercial lot opportunity located just east of the intersection at 38th Street and Shadeland Avenue. Zoned C3/D5, this previously developed property is ideally positioned in a high-traffic area near a signalized intersection, ensuring maximum visibility for businesses. With seamless access to major highways, including I-465 and I-70, this lot offers unmatched convenience for customers and employees alike. Whether you envision a retail space, office development, or another commercial venture, this site provides a versatile canvas for success in a thriving business corridor. Don't miss the chance to capitalize on this excellent development opportunity in one of the city's most accessible locations.
Location
- Street address
- 7039 E 38th St
- County
- Marion County
- Community
- Marion - Warren
- School district
- MSD Warren Township
- Elevation
- 863 feet
Property details
- Lot size
- 0.448 acres19,515 sq ft
- Zoning
- Comm
- MLS #
- MIBOR 21722954
- Posted
Parcels
- 490724123023000700
Legal description
PT NW 1/4 NW 1/4 S24 T16 R4 BEG 231FT E & 45FT SOF NW COR S 130FT E 150FT N 130FT W 150FT TO BEG.448AC
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Warren Central High School | High | MSD Warren Township | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 18, 2025 | Back on market | $125,000 | — | MIBOR |
| May 13, 2025 | Under contract | $125,000 | — | MIBOR |
| May 9, 2023 | Relisted | $125,000 | — | MIBOR |
| May 7, 2023 | Listing removed | $125,000 | — | Listing agent |
| Nov 2, 2021 | Price drop | $125,000 | $24,900 -16.6% | MIBOR |
| July 4, 2020 | New listing | $149,900 | — | MIBOR |