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$229,900 -

5220 W Troy Avenue Indianapolis IN 46241

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
1.79
Acres

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!

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Property Details

Price: $229,900 Previously: $229,900 Originally: $229,900 Bathrooms: 0.00 MLS #: 22028290 Township: Wayne Type: Land Zip Code: 46241 City: Indianapolis Subdivision: No Subdivision County: Marion School District: MSD Wayne Township

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • Setting / Lot Description: Busline, See Remarks
  • # Acres: 1.79
  • Sewer: Not Applicable

Listing Office: Keller Williams Indy Metro Ne

Office Contact: sharonthompson@kw.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on April 3rd, 2025 at 5:17pm EDT.

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