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Greencastle, IN Commercial Land for Sale

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Commercial Land with Pole Barn
Updated: Feb 14, 2022
Commercial Land with Pole Barn

1651 E Us Highway 40, Greencastle, IN 46135

$2,000,000
4.89 AC lot
4.89 acres across two parcels: 2.95A and 1.94 acres
60x42 pole barn with poured concrete floor, electric, heat, and an overhead service door
Pole barn built in 1987; additional building built in 1960
Entrance with a turning lane on US Highway 40
Separate entrance off US 231
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High-Traffic Corner Lot on Highway
Updated: Feb 14, 2022
High-Traffic Corner Lot on Highway

1651 E Us Highway 40, Greencastle, IN 46135

$2,000,000
4.89 AC lot
High‑traffic corner lot ideal for business ventures.
Total of 4.89 acres across two parcels.
Two points of access: US Highway 40 and US 231, including a turning lane.
60x42 pole barn with concrete floor, electric/heat, and overhead service door.
Pole barn built in 1987.
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Based on your search, we've compiled 51 Potential Opportunities for your consideration. Besides 2 Active listings in Greencastle, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 45 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Festival Vendor Land
Festival Vendor Land

7239 E 620 S, Rockville, IN 47872

$69,000
0.24 AC lot

O-zoned commercial land positioned near a festival food court and covered bridge.

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Commercial Land with Chapel
Commercial Land with Chapel

6105 S Mill Road, Rockville, IN 47872

$85,000
0.12 AC lot

Commercially zoned property with a chapel structure, deck, and stream feature in Rockville.

View details
Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

E Co Rd 1000 S, Clayton, IN 46118

$4,055,420
65.69 AC lot

Two commercial parcels with interstate frontage and utilities located across the road.

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43 Acres Commercial Land I-70
43 Acres Commercial Land I-70

2800 E County Rd 1000 S, Clayton, IN

Contact for pricing
43.11 AC lot

43 acres of commercial land with I-70 access.

View details

Off-Market Properties in Greencastle, IN

Consider similar Off-Market properties in Greencastle, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

6916 County Rd 490th W
VACANT COMMERCIAL LAND

6916 County Rd 490th W, Greencastle, IN 46135

Estimated value:
$240,000
0.07 AC lot
View details
10th St
VACANT COMMERCIAL LAND

10th St, Greencastle, IN 46135

Estimated value:
$100,000
0.72 AC lot
View details
10th St
VACANT COMMERCIAL LAND

10th St, Greencastle, IN 46135

Estimated value:
$100,000
0.53 AC lot
View details
113 Warren Dr
VACANT COMMERCIAL LAND

113 Warren Dr, Greencastle, IN 46135-7538

Estimated value:
$235,000
2.83 AC lot
View details
11 College Ave
VACANT COMMERCIAL LAND

11 College Ave, Greencastle, IN 46135-1501

Estimated value:
$145,000
0.12 AC lot
View details
420-424 Bloomington St
VACANT COMMERCIAL LAND

420-424 Bloomington St, Greencastle, IN 46135

Estimated value:
$180,000
2,893 sqft 0.78 AC lot
View details
800 800th Ww
VACANT COMMERCIAL LAND

800 800th Ww, Greencastle, IN 46135

Estimated value:
$260,000
4.00 AC lot
View details
Zinc Ml Retention Pond
VACANT COMMERCIAL LAND

Zinc Ml Retention Pond, Greencastle, IN 46135

Estimated value:
$245,000
0.78 AC lot
View details
20 Putnam Plz
VACANT COMMERCIAL LAND

20 Putnam Plz, Greencastle, IN 46135-9418

Estimated value:
$225,000
0.76 AC lot
View details
1058 Indianapolis Rd
VACANT COMMERCIAL LAND

1058 Indianapolis Rd, Greencastle, IN 46135-1456

Estimated value:
$230,000
0.27 AC lot
View details
1058 Indianapolis Rd
VACANT COMMERCIAL LAND

1058 Indianapolis Rd, Greencastle, IN 46135-1456

Estimated value:
$230,000
0.21 AC lot
View details
1152 Indianapolis Rd
VACANT COMMERCIAL LAND

1152 Indianapolis Rd, Greencastle, IN 46135-1458

Estimated value:
$235,000
0.27 AC lot
View details
310 College Ave
VACANT COMMERCIAL LAND

310 College Ave, Greencastle, IN 46135-1325

Estimated value:
$130,000
1,036 sqft 0.18 AC lot
View details
614 Bloomington St
VACANT COMMERCIAL LAND

614 Bloomington St, Greencastle, IN 46135-2116

Estimated value:
$235,000
0.10 AC lot
View details
209 Indiana St
VACANT COMMERCIAL LAND

209 Indiana St, Greencastle, IN 46135-1237

Estimated value:
$235,000
0.08 AC lot
View details
Cedar Dr
VACANT COMMERCIAL LAND

Cedar Dr, Greencastle, IN 46135

Estimated value:
$235,000
0.64 AC lot
View details
506 Indiana St
VACANT COMMERCIAL LAND

506 Indiana St, Greencastle, IN 46135-1690

Estimated value:
$180,000
4,500 sqft 0.14 AC lot
View details
801 Jackson St
VACANT COMMERCIAL LAND

801 Jackson St, Greencastle, IN 46135-1074

Estimated value:
$235,000
0.79 AC lot
View details
5950 Us Hwy 36
VACANT COMMERCIAL LAND

5950 Us Hwy 36, Greencastle, IN 46135-8979

Estimated value:
$245,000
0.35 AC lot
View details
18 Washington St
VACANT COMMERCIAL LAND

18 Washington St, Greencastle, IN 46135-1551

Estimated value:
$145,000
2,040 sqft 0.04 AC lot
View details
Us 40
VACANT COMMERCIAL LAND

Us 40, Greencastle, IN 46135

Estimated value:
$250,000
1.94 AC lot
View details
320 Bloomington St
VACANT COMMERCIAL LAND

320 Bloomington St, Greencastle, IN 46135-1735

Estimated value:
$245,000
0.28 AC lot
View details

Greencastle, IN Commercial Land Market Trends and Statistics

Explore 47 commercial land for sale in Greencastle, IN on our real estate platform. These investment opportunities span a total of 426,017 square feet of properties for sale, with an estimated market value of $4,000,000.

Sale prices for commercial lots in Greencastle, IN average $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 4
Commercial land 3
Agricultural land / Farmland 1

Demographics Overview

Population 20K
Population Growth (5Y) -5.6%
Median Household Income $70,847
College Educated 30.7%

High-Yield Neighborhoods for Investment

Identify Greencastle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46135 $2M

Taxes & Financing

Tax Rate (average for all types) 2.78%
Property Tax per SF $47.45 per SF
Tax Rate vs County Average 0.19 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Putnam County

New Delisted

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