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$219,000
46225 Zip Code
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.

1901 S Meridian Street

Listing courtesy of Garnet Group.

$35,000
46222 Zip Code
2 homes directly to the south recently remodeled.

271 Miley Avenue

Listing courtesy of R. P. Lux Company.

$185,000
46202 Zip Code
Located in the heart of the highly sought-after Herron-Morton Place neighborhood, this is a rare opportunity to design and build a custom home in one of Indianapolis's most vibrant and historic areas. Partner with Compendium Group LLC and Trade Design Studios, a trusted design-build team known for thoughtful architecture, quality craftsmanship, and modern livability. Herron-Morton Place offers the perfect blend of urban convenience and neighborhood charm, with tree-lined streets, beautiful historic homes, and a strong sense of community. Enjoy close proximity to downtown Indianapolis, Mass Ave, IU Health, Eli Lilly, and some of the city's best dining, entertainment, and cultural destinations. Whether you envision a contemporary residence or a home that complements the neighborhood's historic character, this build opportunity allows you to bring your vision to life in a premier location. Don't miss the chance to create a custom home tailored to your lifestyle in one of Indy's most desirable neighborhoods.

2140 N Talbott Street

Listing courtesy of @properties.

$185,000
46202 Zip Code
Located in the heart of the highly sought-after Herron-Morton Place neighborhood, this is a rare opportunity to design and build a custom home in one of Indianapolis's most vibrant and historic areas. Partner with Compendium Group LLC and Trade Design Studios, a trusted design-build team known for thoughtful architecture, quality craftsmanship, and modern livability. Herron-Morton Place offers the perfect blend of urban convenience and neighborhood charm, with tree-lined streets, beautiful historic homes, and a strong sense of community. Enjoy close proximity to downtown Indianapolis, Mass Ave, IU Health, Eli Lilly, and some of the city's best dining, entertainment, and cultural destinations. Whether you envision a contemporary residence or a home that complements the neighborhood's historic character, this build opportunity allows you to bring your vision to life in a premier location. Don't miss the chance to create a custom home tailored to your lifestyle in one of Indy's most desirable neighborhoods.

2136 N Talbott Street

Listing courtesy of @properties.

$35,000
46041 Zip Code
Vacant Residential Lot Sold with an Updated Commercial Building in Frankfort, IN. Rare opportunity to own a residential lot at 506 W Walnut St alongside an updated commercial property at 550 W Walnut St. The vacant lot offers potential for residential build, parking, or expansion (subject to zoning). The adjoining building originally built for a salon can be converted to add a drive through service, extra parking opportunity. New roof, facia, A/C, and modern finishes. Together, these parcels provide flexibility for live/work, mixed-use, or investment possibilities in a convenient, high-visibility location. See BLC#22082405 for pictures and Listing price and information.

506 W Walnut Street

Listing courtesy of AXEN Realty LLC.

$87,500
46203 Zip Code
City lot in revitalized Fountain Square area which includes a mix of residential and commercial properties. Close to the cultural, dining, and nightlife hub of Fountain Square. Easily accessed via Prospect St, near I-65/I-70, providing quick access to downtown Indy.

1812 Prospect Street

Listing courtesy of Matlin Realty, Inc.

$40,000
46201 Zip Code

Listing courtesy of eXp Realty, LLC.

$35,000
46225 Zip Code
Lot is at the end of the street - great price on a lot near Bates Hendricks area and lots of potential development - build a small home convenient to city amenities. Row of homes on street is picture attached - there is no home on this lot.

17 W Arizona Street

Listing courtesy of Your Realty Link, LLC.

$85,000
46201 Zip Code
Build your vision on this vacant lot located just minutes from Downtown Indianapolis. Situated in a growing area with easy access to major highways, shopping, dining, and city amenities, this lot is ideal for new construction or investment. Seize the opportunity to build in a fast-growing neighborhood already experiencing significant revitalization with new construction and renovations. This flat, vacant lot is ready for development and offers a large rear parking area. Conveniently located within one mile of multiple parks and easy interstate access. Ideal for investors or buyers looking to build a custom home

206 Jefferson Avenue

Listing courtesy of My Agent.

$25,000
46218 Zip Code
Great opportunity for a builder or investor to secure land in an emerging area. Located just seconds from Washington Park and only 15 minutes from Butler University, this property offers excellent potential for future development. Convenient location with nearby amenities and strong growth in the surrounding area make this a smart investment. Don't miss the chance to grab land in a rapidly developing neighborhood.

3109 N Olney Street

Listing courtesy of eXp Realty, LLC.

$299,900
47265 Zip Code
Prime Commercial Development Opportunity in North Vernon! Seize the chance to invest in this attractive undeveloped commercial lot located in one of North Vernon's most active and rapidly growing areas. With significant development underway nearby-including the large and popular Heritage Estates housing development-this property offers excellent potential for future growth and long-term value. Ideally situated near Jennings County High School, Jennings County Middle School, North Vernon Elementary School, and Columbus Christian School, the location benefits from consistent daily traffic and strong visibility. The high-volume exposure from school traffic and commuters traveling to and from Seymour, IN makes this site well-suited for a wide range of commercial uses. This versatile lot would be an excellent fit for food or beverage franchises, after-school or childcare facilities, multi-unit office space, medical or professional services, and more. All utilities are available on site, allowing for a smoother and more efficient development process. With endless possibilities and a strategic location in a high-traffic corridor, this is a rare opportunity to secure a prime commercial site in a thriving area. Don't miss out on this outstanding investment potential!

W Walnut Street

Listing courtesy of 1 Percent Lists Indiana Real Estate.

$60,000
46122 Zip Code
Beautiful cleared 0.57 acre lot in the Gailcrest Subdivision in Danville awaits your dream home. Located close to Danville and Avon, this spacious lot is close to great restaurants and shopping. Soil test along with engineering for well and septic have been completed.

530 Crestwood Court

Listing courtesy of BluPrint Real Estate Group.

$799,500
47265 Zip Code
**Prime Development Opportunity on State Highway 3** Rarely does a property with this level of visibility, acreage, and flexibility come available. This offering includes **two parcels totaling 13.431 acres** with **extensive frontage on State Highway 3**, positioning it perfectly for future growth and maximum exposure. The property features a **3-bedroom, 2-bath home** with a **2-car garage**, ideal for immediate residential use, rental income, or as an on-site office during development. A **small outbuilding has been used as a shop** adds functional value for storage, operations, or workspace. Located just minutes from **Walmart** and the **Lowe's Distribution Center**, this site sits in a high-traffic, high-demand corridor surrounded by established retail, employment centers, and ongoing growth. The large acreage and highway frontage make it well-suited for **housing development, retail, commercial, or mixed-use projects**. Whether you're an investor, developer, or owner-user looking for a strategic location with built-in flexibility, this property checks all the boxes: location, visibility, size, and opportunity. Properties with this combination of features don't come along often-this one is ready for vision and momentum.

2585 N State HWY 3

Listing courtesy of Weichert, REALTORS®.

$265,000
46201 Zip Code
Rare opportunity to acquire a 0.33-acre parcel (multi-lot) zoned MU-1, allowing high-density residential development by right. The zoning also provides flexibility for alternative commercial uses, and the City has expressed openness to retail and creative commercial concepts, making this a highly adaptable infill site. The current ownership is open to collaborating with a commercial user, including pop-up retail, temporary activations, or a build-to-suit opportunity for the right concept. This creates a unique pathway for operators seeking a lower-barrier entry into a high-visibility location while longer-term development plans are finalized. Highlights include: MU-1 zoning permitting high-density residential, City support for alternative commercial and retail uses, Ideal for pop-up retail, food, experiential concepts, or build-to-suit, Flexible ownership willing to partner on creative solutions, Infill parcel suited for both near-term activation and long-term redevelopment This site is well-positioned for developers, operators, or investors seeking zoning flexibility, municipal support, and ownership willing to think creatively.

2225 E 10th Street

Listing courtesy of @properties.

$265,000
46201 Zip Code
Rare opportunity to acquire a 0.33-acre parcel (multi-lot) zoned MU-1, allowing high-density residential development by right. The zoning also provides flexibility for alternative commercial uses, and the City has expressed openness to retail and creative commercial concepts, making this a highly adaptable infill site. The current ownership is open to collaborating with a commercial user, including pop-up retail, temporary activations, or a build-to-suit opportunity for the right concept. This creates a unique pathway for operators seeking a lower-barrier entry into a high-visibility location while longer-term development plans are finalized. Highlights: MU-1 zoning permitting high-density residential, City support for alternative commercial and retail uses, Ideal for pop-up retail, food, experiential concepts, or build-to-suit, Flexible ownership willing to partner on creative solutions, Infill parcel suited for both near-term activation and long-term redevelopment. This site is well-positioned for developers, operators, or investors seeking zoning flexibility, municipal support, and ownership willing to think creatively.

2225 E 10th Street

Listing courtesy of @properties.

$119,900
46205 Zip Code
Looking for an opportunity to invest in downtown Indianapolis? Look no further, discover endless possibilities with this newly listed 9,583 sq ft lot at 3419 North College Ave, Indy. Comes with architecture plans for modern duplex. Your future starts here! Seller financing available.

3419 N College Avenue

Listing courtesy of CENTURY 21 Scheetz.

$300,000
46205 Zip Code
Lot can be purchase as a double lot at this price or can be sold individually sold 2- 50' lots.Capture this unique opportunity to build the home of your dreams with the ReDevelopment Group on this magnificent double lot in Historic Meridian Park. The irregular lot is 100 feet wide, 244 feet deep on the south border and 269 feet deep on the north. The lot has unbelievable trees that could be maintained and partially surrounded by a brick property wall and then fully fenced. This home is surrounded by other stunning homes and can become your own unique masterpiece. See agent to agent remarks for more information. Lot is two lots and one 50 foot lot could be purchased for half of the listed price. Ask agent for more details.

3138 N Pennsylvania Street

Listing courtesy of @properties.

$45,000
46203 Zip Code
Lot is located between two homes but this lot is actually zoned I-3 industrial. Buyer to verify zoning, utilities, and building requirements.

1931 S State Avenue

Listing courtesy of Home Bound Real Estate LLC.

$155,000
46205 Zip Code

3504 Evergreen Avenue

Listing courtesy of Roslender Realty LLC.

$30,000
46208 Zip Code
Buyer to verify that lot can be used for their intended use. Lot is zoned D3 Residential. Buyer to verify zoning, utilities, and building requirements.

931 W 27th Street

Listing courtesy of Home Bound Real Estate LLC.

$140,000
46203 Zip Code
This is a LARGE lot with a LARGE garage on the back or the property off of the alley. The garage itself is 27' wide across the 30' wide lot. The garage has its own 200 amp service. It is tall enough to be possible to make a second story within it as a workshop or small carriage house apartment. The white and red brick house to the West has an addition that currently straddles the property line but it is in the process of getting removed. This is an amazing location on Fletcher, close to all the amenities downtown has to offer but NOT in the historical district, meaning you can build as you like as long as it complies with city code. Lot has been landscaped for easy maintenance if you are not yet ready to build!

866 Fletcher Avenue

Listing courtesy of Two Chicks Homes.

$2,500,000
46052 Zip Code
50 Acres of Development site less than one mile from the $3B Lilly facility. Two parcels are included: 44 acres and adjacent 6 acre parcel.

3205 N State Road 39

Listing courtesy of RCA Realty, Inc..

$24,900
46222 Zip Code
Great opportunity to build in a convenient Indianapolis location. This land offers a vacant lot on a quiet residential street with easy access to downtown, interstates, parks, and local amenities. A flexible space for a new home or future investment. Come bring your plans and make it your own.

918 Miley Avenue

Listing courtesy of Crossroads Realty, LLC.

$200,000
46218 Zip Code

2525 E 38th Street

Listing courtesy of CAVA Realty Group.

$27,000
46218 Zip Code
Don't miss the opportunity to own this 5,227 sq ft vacant lot at 3128 N Euclid Ave. Nestled in a quiet, traditional neighborhood you can make this one your own. Quick access to transit, school, and all things Indy. This neighborhood has new builds and is just waiting for yours.

3128 N Euclid Avenue

Listing courtesy of Carpenter, REALTORS®.

$27,000
46218 Zip Code
Great opportunity to own a 5,227 sq ft vacant residential lot in Indianapolis Robinwood neighborhood. Located on a quiet, established street and just minutes from downtown, this lot is ideal for a custom build, rental property, or future investment. Enjoy quick access to major highways, transit, and all things Indy. With continued revitalization in the area, this property offers strong potential and flexibility for your next project.

3161 N Colorado Avenue

Listing courtesy of Carpenter, REALTORS®.

$39,900
46222 Zip Code
Oversized double lot in Indianapolis! Offering ample room for new construction, this combined parcel at sits in a location surrounded by ongoing development and long-term investment. Build your dream home, modern infill, or investment property just minutes from campus, major medical centers, and downtown nightlife. A rare chance to secure a large buildable lot in one of Indy's fast-improving neighborhoods.

745 N Elder Avenue

Listing courtesy of Crossroads Realty, LLC.

$102,900
46140 Zip Code
Welcome to The Ridges Over Brandywine, a premier custom community in Greenfield Central Schools. Lot 16, located at 342 Shadow Creek Pass, offers 0.34 acres and is available for $102,900. This homesite requires a walk-out basement and is reserved for a Joyner Homes build only. Neighborhood standards include a 2,400 square foot minimum for a one-story home and a 2,600 square foot minimum for a two-story home with at least 1,400 square feet on the main level. An angled or side-load garage is required, vinyl siding is not permitted, and the community features elevated architectural and landscaping requirements. Sidewalks are located throughout the neighborhood for everyday convenience. The community is positioned across from Hawk's Tail Golf Course and adjacent to the Pennsy Trail, offering direct access to recreation, walking paths, and local amenities. This is one of the final opportunities to build in this highly desirable setting within Greenfield.

342 Shadow Creek Pass

Listing courtesy of Daniels Real Estate.

$89,900
46140 Zip Code
Welcome to The Ridges Over Brandywine, a premier custom community in Greenfield Central Schools. Lot 9, located at 327 Shadow Creek Pass, offers 0.35 acres and is available for $89,900. This homesite requires a full basement and is reserved for a Joyner Homes build only. Neighborhood standards include a 2,400 square foot minimum for a one-story home and a 2,600 square foot minimum for a two-story home with at least 1,400 square feet on the main level. An angled or side-load garage is required, vinyl siding is not permitted, and the community features elevated architectural and landscaping requirements. Sidewalks are located throughout the neighborhood for everyday convenience. The community is positioned across from Hawk's Tail Golf Course and adjacent to the Pennsy Trail, offering direct access to recreation, walking paths, and local amenities. This is one of the final opportunities to build in this highly desirable setting within Greenfield.

327 Shadow Creek Pass

Listing courtesy of Daniels Real Estate.

$79,999
47265 Zip Code
Build your new home on this 1 acre corner lot in a desirable location on Norris Avenue. This property offers a head start with a partial basement/ foundation already in place, saving time and money. The lot has excellent road frontage on 2 sides. It also has all utilities on site and is on city sewer.

950 W Base Road

Listing courtesy of Coldwell Banker Martin Miller Lamb.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative