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5740 S Emerson Avenue

Indianapolis, IN 46237
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Acres1.80

Acres(Lot)

Outstanding Development Opportunity - HIGHLY MOTIVATED SELLER / Moving to Florida. Position your next office project on one of South Indianapolis' most active commercial corridors - One of the few shovel-ready office development sites remaining on South Emerson Avenue. 5740 S Emerson Ave offers 1.80 acres zoned C-1 (Office) with 199 feet of frontage and full curb cut providing full-in/full-out access-a rare combination of visibility and easy site circulation for virtually any office concept (medical, professional, service office, or owner-user). This site delivers an enormous head start on development: an existing stormwater drainage system with Aqua-Swirl unit and detention pond is already in place, sized for full buildout-a major time and cost advantage that can streamline civil desi gn and accelerate your schedule. RECENT AREA DEVELOPMENT - Surrounding investment continues to elevate the appeal of this corridor with new retail development at Emerson & Thompson including new Wawa, Chick-fil-A, and Crew Carwash, as well as a recently added Kroger, VASA Fitness and Dutch Bros Coffee. Additionally, a proposed apartment development immediately south adds future demand from a growing residential base-ideal for professional services and office users. With 38,000+ vehicles per day and nearly immediate access to I-465 and I-65, this location checks all the boxes developers and end-users want: clean site, strong traffic, strong growth, and reduced upfront infrastructure cost.

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Detail Ic Property Details

Property Type : Land

Price : $479,000

AD Id : 75603834

MLS Id : MBR22085663

Lot Size : 1.80 Acres(Lot)

County : Marion

Subdivision: No Subdivision

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Feature Features

  • Lot Information

    Lot Square Feet: 78452 Lot Acres: 1.8

    Property Information

    Property Type: Land Sub Type: Unimproved Land

  • Listing Price Information

    Original List Price:$479000

  • Tax Information

    Tax Lot: 49-15-04-132-003.000-500 Tax Legal Description: Pt E1/2 Se1/4 S4 T14 R4 Beg 1426.88' S & 55.04' W Of Ne Cor P.O.B. W379.96' S200' E379.96' N200' To Beg 1.801Ac Tax Year: 2025 Parcel Number: 491504132003000500

  • Utility Information

    Sewer: Public Sewer
  • Location Information

    Subdivision: No Subdivision City: Indianapolis Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6445 Silverton Way, Indianapolis, IN, 46237 $139,900 -- -- -- 0.40 Acre(Lot)
5555 E Stop 11 Road, Indianapolis, IN, 46237 $305,000 -- -- -- 1.64 Acres(Lot)
5617 S Emerson Avenue, Indianapolis, IN, 46237 $750,000 -- -- -- 2.93 Acres(Lot)
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ByOwner last updated this listing 06/11/2026 @ 06:20

MLS: MIBOR #22085663 LISTED BY: Michael Huff, Keller Williams Indy Metro S 317-882-5900 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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