Prime 5.19 Acre Development Opportunity - Avon, IN This exceptional 5.19-acre property is ideally located along Kingston Street, just south of US Highway 36-positioned in the heart of Avon's rapidly expanding commercial corridor. Surrounding the site are major developments, including Costco, new retail centers, multifamily projects, and numerous upcoming commercial uses, making this a rare opportunity in one of Hendricks County's most active growth areas. The site is zoned I-2, offering flexibility for a wide range of industrial or commercial development. It has been resurveyed, and preliminary engineering work has already been completed, including drainage planning and utility evaluations to support additional buildings or site expansion. In addition to the site is a radio tower that provides additional revenue. With its strategic location, completed groundwork, zoning flexibility, and built-in income streams, this property is truly primed for immediate and future development. The seller has decided to keep the 3800 sqft building along the back and upto a full acre.
169 days
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62
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Zillow last checked:
Listing updated:
Listed by:
Ron Sears317-679-3804,
RJ Sears Real Estate Investmen
Source: MIBOR as distributed by MLS GRID,MLS#: 22082740
Facts & features
Property
Lot
Size: 5.2 Acres
Features: Curbs, Not In Subdivision, Storm Sewer, Zoned, See Remarks, Industrial Park, Rectangle
Topography: Level
Details
Additional structures: See Remarks
Parcel number: 321012150002000031
Zoning: I-2
Zoning description: Industrial
Horse amenities: None
Utilities & green energy
Water: Public, Private, Municipal Water Near By, Well on Site
Community & HOA
Community
Subdivision: No Subdivision
Location
Region: Avon
Financial & listing details
Annual tax amount: $10,866
Date on market: 2/5/2026
Cumulative days on market: 172 days
Road surface type: Concrete
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
3/23/2026
Price change
$1,995,500-20.2%
Source: MIBOR as distributed by MLS GRID #22082740Report a problem
2/5/2026
Listed for sale
$2,500,000
Source: MIBOR as distributed by MLS GRID #22082740Report 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.
See how much you could borrow to make a competitive offer.
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.