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.
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Zillow last checked:
Listing updated:
Listed by:
Michael Huff317-443-5016,
Keller Williams Indy Metro Partners
Source: MIBOR as distributed by MLS GRID,MLS#: 22085663
Facts & features
Property
Lot
Size: 1.8 Acres
Features: Rectangle
Topography: Level
Details
Parcel number: 491504132003000500
Zoning: C -1
Zoning description: Commercial
Horse amenities: None
Utilities & green energy
Water: Municipal Water Near By
Community & HOA
Community
Subdivision: No Subdivision
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $241,600
Annual tax amount: $6,750
Date on market: 2/24/2026
Cumulative days on market: 152 days
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
2/24/2026
Listed for sale
$479,000+27.7%
Source: MIBOR as distributed by MLS GRID #22085663Report a problem
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