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11798-11842 E 131st St - 11.5 Acre Site 11.5 Acres of Commercial Land Offered at $1,800,000 in Fishers, IN 46038

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INVESTMENT HIGHLIGHTS

Ideal for subdivision or custom home development.
Municipal utilities available at site.
Excellent access to I-69 and Promise Road.

Located within walking distance to three top-rated schools.
Zoned R-2 with Suburban Residential designation.
Strong surrounding demographics with median incomes over $135K.

EXECUTIVE SUMMARY

This offering is ideal for developers, custom homebuilders, or investors seeking a long-term land hold in one of Indiana’s fastest-growing communities. The site’s strategic location near top-rated schools, major transportation corridors, and established neighborhoods makes it a compelling opportunity for residential development. With utilities in place and zoning aligned with the city’s growth vision, this land is ready for transformation.

11798 and 11842 E 131st St Marketing Flyer 11.2025

PROPERTY FACTS

Price	$1,800,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Single Family Development Single Family Residence
No. Lots	1	Total Lot Size	11.50 AC
Property Type	Land
Zoning	R-2 - Residencial with Overlay District i-69 Overland Overlay

Price	$1,800,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Single Family Development Single Family Residence
Total Lot Size	11.50 AC
Zoning	R-2 - Residencial with Overlay District i-69 Overland Overlay

1 LOT AVAILABLE

Lot 1 & 2

Price	$1,800,000	Lot Size	11.50 AC
Price Per AC	$156,521.74

Price	$1,800,000
Price Per AC	$156,521.74
Lot Size	11.50 AC

This ±11.5-acre assemblage at 11798 & 11842 E 131st Street presents a rare opportunity to acquire a prime development site in the heart of Fishers, Indiana. With 534 feet of frontage along E 131st Street and direct access to Promise Road and I-69.

DESCRIPTION

Exceptional development opportunity in one of Fishers’ most desirable areas. This combined 10.5-acre site offers excellent visibility and accessibility along E 131st Street—just steps from Sand Creek Elementary and Intermediate Schools and within walking distance to Fishers High School. All 3 schools are within 0.5 miles of this site. Currently zoned R2 Residential and located within the I-69 Overland Overlay, the property lies in an area designated by the City of Fishers Comprehensive Plan for Suburban Residential development. This supports future single-family residential or compatible neighborhood uses consistent with surrounding developments. With utilities nearby and strong surrounding demographics, this site is ideal for a residential subdivision, custom home sites, or long-term investment in a rapidly growing area of Fishers.

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