Commercial Land for Sale in Indianapolis, Indiana

Commercial Lot for Sale: 0.45 Acres on E 38th St in Indianapolis High-visibility commercial lot in a proven traffic corridor. Located just east of 38th and Shadeland, this 0.45-acre C3/D5-zoned property sits near a signalized intersection with heavy daily traffic and direct access to I-465 and I-70. Ideal for retail, office, auto, food service, or flex development. The site is cleared, level, and already equipped with municipal water, sewer, electric, and gas on-site-making it shovel-ready for a wide range of commercial uses. Surrounded by national retailers, service businesses, and established neighborhoods, this is a key location for any operator seeking strong street exposure and logistical convenience. Property highlights: Zoned C3/D5, 0.45 acres (approx. 19,514 sq ft) Former gas station site, fully cleared with IDEM sign-off complete Flat topography with state road frontage Street cut access, asphalt surface, strong traffic counts Utilities: electric, gas, water, and sewer all on-site Immediate access to Shadeland Ave, I-465, and I-70 This lot offers unmatched exposure and utility access in a prime East Side commercial zone. Whether you're an owner-user or developer, the location supports a wide variety of business models. Priced to move and ready for your next build.