Near Downtown Indianapolis Mixed-Use Development Opportunity. Four contiguous commercial lots for sale. These parcels offer mixed-use potential, ideal for a combination of residential, retail, office, hospitality, or entertainment concepts (subject to zoning and approvals). Surrounded by businesses, new developments, dining, and cultural attractions, the site benefits from strong visibility, walkability, and access to public transit. Downtown Indianapolis continues to experience steady growth, making this an opportunity for investors and developers seeking land for development. Whether you envision a mixed-use project or a strategic land hold, these lots provide a rare chance to build in one of the city's most dynamic and evolving areas. Inquire today for zoning details and parcel dimensions.
151 days
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23
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0
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Zillow last checked:
Listing updated:
Listed by:
Jen Mattos317-572-5307,
Garnet Group,
Nizar Louly,
Garnet Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22084079
Facts & features
Property
Lot
Size: 10,454 Square Feet
Features: Access, City Lot, Corner Lot, Street Lights, City, Corner
Topography: See Remarks,Other
Details
Additional parcels included: See Remarks
Parcel number: 491113174001000101
Zoning: ZO01
Zoning description: Commercial,See Remarks
Horse amenities: None
Utilities & green energy
Sewer: See Remarks
Water: Other, See Remarks
Community & HOA
Community
Subdivision: Hubbards South Meridian
HOA
Has HOA: No
Location
Region: Indianapolis
Financial & listing details
Annual tax amount: $1,192
Date on market: 2/14/2026
Cumulative days on market: 152 days
Listing terms: See Remarks
Road surface type: Dirt, See Remarks
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/22/2026
Price change
$219,000-2.7%
Source: MIBOR as distributed by MLS GRID #22084079Report a problem
4/27/2026
Price change
$225,000-5.9%
Source: MIBOR as distributed by MLS GRID #22084079Report a problem
2/14/2026
Listed for sale
$239,000
Source: MIBOR as distributed by MLS GRID #22084079Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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