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3049 S Kentucky Ave
Indianapolis, IN 46221
Land For Sale · 0.53 AC

Investment Highlights

  • Versatile zoning allows for high-intensity uses including auto sales, equipment repair, and outdoor commercial recreation.
  • Located less than 10 minutes from both Downtown Indianapolis and Indianapolis International Airport with rapid I-465 access.
  • Direct frontage on Kentucky Avenue (SR 67) with heavy daily traffic counts and excellent signage potential.

Executive Summary

Rare opportunity to acquire two Immediately adjacent lots (3049 & 3059 Kentucky Ave) totaling 0.53 (.20-.33) acres on Indianapolis’ active Southwest corridor. This site features premium C5 General Commercial zoning, the city’s most flexible designation for high-intensity uses. Perfectly sized for an owner-operator or developer, the property offers high-visibility frontage on Kentucky Ave (SR 67) just minutes from I-465 and the Indianapolis International Airport. Whether for automotive sales, a specialized service hub, or retail, this is an efficient, high-exposure site in a primary commercial artery.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Convenience Store
  • Department Store
  • Distribution
  • Drugstore
  • Storefront
  • Storefront, Retail or Office
  • Warehouse
Total Lot Size 0.53 AC
Zoning C-5

1 Lot Available

Lot

Price $325,000
Price Per AC $613,207.55
Lot Size 0.53 AC

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 49-11-29-111-596.000-200
  • 49-11-29-111-573.000-200
Land Assessment
$36,900
Improvements Assessment
$0
Total Assessment
$36,900
  • Listing ID: 40004868

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 3049 S Kentucky Ave, Indianapolis, IN 46221

Contact the Sale Advisor

3049 S Kentucky Ave

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