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!
Last checked:
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Last updated Mar 21, 2025
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MLS# 22028290 —
The Building
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New Construction:false
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Development Status:NoStatus
Location
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Directions:GPS Friendly
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Latitude:39.7205484300755
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Longitude:-86.2482120689509
The Property
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View:true
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Property Type:Land
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Property Subtype:Commercial Land
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Parcel Number:491119109008000900
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Acres:1-3 Acres
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# of Lots:2
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Lot Features:Busline, See Remarks
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Lot Size Acres:1.79
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Lot Size SqFt:78,147 Sqft
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Price Per Acre:128436
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Type:Undeveloped
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Divisible:No
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Zoning:C-3
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Present Zoning:Commercial
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Topography:Cleared,Level
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Land Characteristics:See Remarks
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Additional Parcels:true
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Additional Parcels Description:Land
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View:false
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Waterfront:false
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Horse Amenities:None
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Fence:No
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Current Use:See Remarks
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Soil Type:Not Applic
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Road Access:Frontage Road
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 607-0884
- Office phone:
- (317) 564-7100
Taxes
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Tax Lot:49-11-19-109-008.000-900/49-11-30-116-008.000-200 00000000000
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Tax Year:2023
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Semi Annual Property Tax Amt:1083
Utilities
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Water:Not Applic
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Sewer:Not Applicable
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Solid Waste:No
Schools
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High School District:MSD Wayne Township
The Community
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Subdivision Name:No Subdivision
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Facilities On:Electric
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Facilities Near:Electric
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Public Transportation:Yes
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Association:false
Extra Units
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Other Structures:Not Applicable
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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3/21/25
Mar 21, 2025
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Listed / Active | MIBOR | $229,900 |