# 5740 S Emerson Avenue, Indianapolis, IN 46237

> **TL;DR:** land, $479,000. Est. $2,562/mo. Listed 251 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $479,000 |
| Lot Size | 78,408 sqft (1.80 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 251 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,422 |
| Estimated Insurance | $140 |
| **Total** | **$2,562** |

## Property Highlights

- 1.80 acre lot

## Description

### Agent Description
Outstanding Development Opportunity - SELLER FINANCING -Available to qualified purchasers, with appropriate down payment and payoff schedules. 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.

## Location

- **Address:** 5740 S Emerson Avenue, Indianapolis, IN 46237
- **County:** Marion
- **Neighborhood:** No Subdivision
- **Coordinates:** 39.683773, -86.083401
- **Google Maps:** https://www.google.com/maps?q=39.683773,-86.083401

## Listing Agent

- **Name:** Michael Huff
- **Brokerage:** Keller Williams Indy South
- **Broker Phone:** (317) 882-5900
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5740-S-Emerson-Ave_Indianapolis_IN_46237_M31376-51315?f=listhub&s=MIBORIN&m=22085663&c=propsimple)

## Photos

![5740 S Emerson Avenue - Photo 1](http://lh.rdcpix.com/6e7707f6c928aee0dc9191ec49a0ac45l-f1767638035r.jpg)

![5740 S Emerson Avenue - Photo 2](http://lh.rdcpix.com/6e7707f6c928aee0dc9191ec49a0ac45l-f1798670769r.jpg)

![5740 S Emerson Avenue - Photo 3](http://lh.rdcpix.com/6e7707f6c928aee0dc9191ec49a0ac45l-f844771959r.jpg)

![5740 S Emerson Avenue - Photo 4](http://lh.rdcpix.com/6e7707f6c928aee0dc9191ec49a0ac45l-f866951752r.jpg)

![5740 S Emerson Avenue - Photo 5](http://lh.rdcpix.com/6e7707f6c928aee0dc9191ec49a0ac45l-f3937410516r.jpg)

![5740 S Emerson Avenue - Photo 6](http://lh.rdcpix.com/6e7707f6c928aee0dc9191ec49a0ac45l-f1960220274r.jpg)

---

**MLS#:** 22085663 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/5740-s-emerson-avenue-indianapolis-in-46237-890ca60ab01b4cc7bf0307cdaf0a1f85)

---

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