Additional Details

Property Details

Lot Dimensions:

78452

Road Frontage:

City Street

Road Access:

Street Cuts

Road Surface:

Asphalt

Zoning:

C 1

Directions:

GPS Friendly

Tax and Financial Info

Semi-Annual Property Tax:

$3, 375

Tax Year:

2025

Quick View

Address:

5740 S Emerson Avenue Indianapolis IN 46237

Status:

Active

On Site:

130 Days On Site

Price:

$479, 000

Lot Size:

1.8

County:

Marion

Township:

Perry

MLS #:

22085663

Property Type:

Unimproved Land

Community Information

Area:

4907 Marion Perry

City:

Indianapolis

Subdivision:

No Subdivision

Zip Code:

46237

Description

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 design 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.

Source: MIBOR as distributed by MLS GRID, MLS ID: 22085663

Listing provided courtesy of Michael Huff 317-882-5900 with Keller Williams Indy Metro S

Last Updated: 3/10/2026 | 8:19 AM

Home Details

Status: Active

Price: $479,000

Address: 5740 S Emerson Avenue, Indianapolis, IN 46237

Bedrooms:

Bathrooms: 0

Square Feet:

130 days on Site

• Property Type: Land
• 130 days on Site
• 1.8 Lot Size