$3,500,000
Nestled in the heart of one of Indianapolis's most dynamic and rapidly growing suburban corridors, this exceptional 10-acre parcel offers a rare opportunity for developers, investors, or institutional users seeking visibility, access, and long-term upside. Boasting approximately 330 feet of frontage along Combs Road, the site provides both prominence and flexibility for a wide range of development uses, from residential infill to commercial, mixed-use, or community-oriented projects (subject to zoning). Strategically positioned between South Arlington Avenue and the increasingly active 5 Points Road corridor, with convenient access to County Line Road, the property is directly adjacent to existing residential neighborhoods, community centers, and key service anchors, including Lifepoint Church and numerous retail and multifamily developments. The surrounding area has experienced sustained growth over the past decade, supported by strong demographics, ongoing infrastructure investments, and the expanding footprint of southeastern Marion County's suburban development. With a depth of approximately 1,320 feet, the lot's rectangular configuration and gentle topography make it ideal for efficient site planning and phased development. Whether you're looking to capitalize on the area's residential demand, introduce a new community serving commercial node, or secure long-term land holdings in a prime location, this property offers both immediate appeal and future potential.
GPS Friendly
| MLS # | 22038284 |
|---|---|
| Date Listed | 2025-05-11 |
| Status | Active |
| Property Type | Lots and Land |
| Property SubType | Unimproved Land |
| New Construction | No |
| Type | Unimproved Land |
| Year Taxes Payable | 2024 |
| Days on Market | 207 |
| Zoning | CS, DP, I3 |
| Construction | Unimproved Land |
|---|---|
| Lot Size | 435,600 sq ft |
| Acreage | 10.00 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Franklin |
| Township | Franklin |
| City | Indianapolis |
| State | IN |
| Zip | 46237 |
| School District | Franklin Township Com Sch Corp |
|---|---|
| Middle School | Franklin Central Junior High |
| Assoc. Dues | $0.00 |
|---|
MLS# 22038284
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Jhirmal Singh
Midland Realty Group, Inc.
singhrealty317@gmail.com
Listing updated August 24, 2025 at 9:30 am
Last checked 9 minutes ago