Key facts
- Lot
- 3.38 acres
- Type
- Land · Unimproved Land
- MLS #
- 22048845
- County
- Marion
- Subdivision
- Spring Valley
About this home
Come explore this approximately 3.38-acre lot, totaling 147,232.8 square feet, located in a rapidly developing area with strong growth potential. Whether you're looking to build a commercial project, establish a business location, or invest for future value, this property offers a wide range of possibilities. Zoned C1 (Commercial), the lot permits various uses including retail, office space, service-based businesses, and more, making it ideal for entrepreneurs, investors, or developers seeking space in a strategic and high-visibility location. An ALTA/NSPS survey is already on file and will be honored by the seller. Any additional survey needed will be at the buyer's expense. Buyers are encouraged to verify zoning regulations, allowable uses, and utility availability with the local planning department to confirm compatibility with their intended plans. This is a great opportunity to secure a large, versatile commercial lot with ample space to bring your vision to life.
Description provided by the listing brokerage.
Exterior
- Other structures
Systems
- Sewer
Lot and HOA
- Zoning
- 13
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $1,723 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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