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5220 W Troy Ave 1.79 Acres of Industrial Land Offered at $229,900 in Indianapolis, IN 46241

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INVESTMENT HIGHLIGHTS

  • Minutes from Indianapolis International Airport, I 465 and I 70.
  • Site offers strong traffic exposure and convenient public transit access.
  • Property supports a wide range of retail and service-oriented uses.

EXECUTIVE SUMMARY

Exceptional commercial development opportunity just minutes from Indianapolis International Airport! This 1.8± acre parcel is currently 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, this 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 restaurant, freestanding buildings and strip centers catering to neighborhood needs.
Just minutes from Indianapolis International Airport, I 465 and I 70.
Whether you’re looking to serve the local community or capture airportrelated traffic, 5220 W Troy Ave offers outstanding potential for your next
commercial project.

PROPERTY FACTS

Price $229,900
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Auto Repair
  • Convenience Store
  • Fast Food
  • Medical
  • Service Station
Total Lot Size 1.79 AC
Zoning C-3 - Community Commercial

1 LOT AVAILABLE

Lot

Price $229,900
Price Per AC $128,435.75
Lot Size 1.79 AC

This 1.8± acre parcel is currently zoned C-3 and ideally positioned for high visibility and accessibility on the city’s growing southwest side.

DESCRIPTION

Located adjacent to a Phillips 66 convenience store and along a major corridor with a nearby IndyGo Blue Line bus stop, this 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 restaurant, freestanding buildings and strip centers catering to neighborhood needs.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-11-19-109-008.000-900
  • 49-11-30-116-008.000-200
Land Assessment
$93,500
Improvements Assessment
$0
Total Assessment
$93,500
  • Listing ID: 36755149

  • Date on Market: 7/16/2025

  • Last Updated:

  • Address: 5220 W Troy Ave, Indianapolis, IN 46241

Contact the Sale Advisor

5220 W Troy Ave

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