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5220 W Troy Avenue

Indianapolis, IN 46241

– beds
– baths
– sqft
~2 acre lot

Exceptional commercial development opportunity just minutes from Indianapolis International Airport! This 1.8 acre parcel is zoned C-3 and ideally positioned for high visibility and accessibility on the city's growing southwest side. Located adjacent to a Phillips 66 convenience store and along a major corridor with a nearby IndyGo Blue Line bus stop, the level site offers strong traffic exposure and convenient public transit access. Designated as Community Commercial in the city's Comprehensive Plan, the property supports a wide range of retail and service-oriented uses including freestanding buildings and strip centers catering to neighborhood needs. Community Commercial Ideal Uses include Retail, restaurant, medical, service-based businesses, or strip center development. Just minutes from Indianapolis International Airport, I-465 and I-70 Location. Whether you're looking to serve the local community or capture city or airport-related traffic, 5220 W. Troy Ave offers outstanding potential for your next commercial project!

Listing courtesy of MIBOR / Keller Williams Indy Metro NE

Last checked: Checking… • Last updated Mar 21, 2025 •

MLS# 22028290 —

The Building

New Construction:

false
Development Status:

NoStatus

Location

Directions:

GPS Friendly
Latitude:

39.7205484300755
Longitude:

-86.2482120689509

The Property

View:

true
Property Type:

Land
Property Subtype:

Commercial Land
Parcel Number:

491119109008000900
Acres:

1-3 Acres
# of Lots:

2
Lot Features:

Busline, See Remarks
Lot Size Acres:

1.79
Lot Size SqFt:

78,147 Sqft
Price Per Acre:

128436
Type:

Undeveloped
Divisible:

No
Zoning:

C-3
Present Zoning:

Commercial
Topography:

Cleared,Level
Land Characteristics:

See Remarks
Additional Parcels:

true
Additional Parcels Description:

Land
View:

false
Waterfront:

false
Horse Amenities:

None
Fence:

No
Current Use:

See Remarks
Soil Type:

Not Applic
Road Access:

Frontage Road
Road Frontage Type:

City Street
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Lot:

49-11-19-109-008.000-900/49-11-30-116-008.000-200 00000000000
Tax Year:

2023
Semi Annual Property Tax Amt:

1083

Utilities

Water:

Not Applic
Sewer:

Not Applicable
Solid Waste:

No

Schools

High School District:

MSD Wayne Township

The Community

Subdivision Name:

No Subdivision
Facilities On:

Electric
Facilities Near:

Electric
Public Transportation:

Yes
Association:

false

Extra Units

Other Structures:

Not Applicable

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/21/25 Mar 21, 2025	Listed / Active	MIBOR	$229,900

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This plot of land located in Mars Hill, Indianapolis, IN 46241 is currently for sale for $229,900. 5220 W Troy Avenue is a – square foot plot of land with – beds and – baths. 5220 W Troy Avenue is in the Mars Hill neighborhood of Indianapolis and has a WalkScore® of 23, making it car-dependent. This plot of land is in the attendance area of Lynhurst 7th And 8th Grade Center, Ben Davis Ninth Grade Center, Ben Davis University High School, Ben Davis High School, and Stout Field Elementary School.

Listing Courtesy of: MIBOR and Keller Williams Indy Metro NE.

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