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Hanover, IN

Commercial

Hanover, IN Commercial Land for Sale

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Madison, IN Lexington, IN Milton, KY Nabb, IN Bedford, KY Dupont, IN New Washington, IN Deputy, IN

Land Opportunity Near Hanover College

Updated: Sep 9, 2024

Land Opportunity Near Hanover College

4146 IN-56, Hanover, IN 47243

Contact for pricing

2,088 sqft

Approved comprehensive plan designates property for mixed‑use zoning, offering diverse development possibilities.
Located within a rapidly expanding area with new commercial developments and residential subdivisions nearby.
High‑traffic location across from Hanover College.
Zoned R‑1, allowing up to 4 single‑family homes per acre.
Surrounded by commercially zoned businesses.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 1 Active listings in Hanover, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 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.

Level Commercial Land

Level Commercial Land

888 N State Road 3, Lexington, IN 47138

$975,000

8.60 AC lot

Level tract along State Road 3 with agricultural zoning and septic service needed.

Commercial Lots at State Road

Commercial Lots at State Road

888 N State Road 3, Lexington, IN 47138

$975,000

Commercial lots available at a busy intersection in Lexington, IN.

General Business Commercial Land

General Business Commercial Land

606 Green Rd, Madison, IN 47250

$90,000

Single-parcel commercial land with city utilities available and General Business zoning.

Commercial Land in Madison, Indiana

Commercial Land in Madison, Indiana

600 Green Road, Madison, IN 47250

$79,900

High-traffic commercial land with city utilities available.

Off-Market Properties in Hanover, IN

Consider similar Off-Market properties in Hanover, 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.

180 Thornton Rd

VACANT COMMERCIAL LAND

180 Thornton Rd, Hanover, IN 47243-9713

$340,000

Estimated value

2.48 AC lot

4100 State Rd 56

VACANT COMMERCIAL LAND

4100 State Rd 56, Hanover, IN 47243-9070

$255,000

Estimated value

1.60 AC lot

3498 State Rd 56

VACANT COMMERCIAL LAND

3498 State Rd 56, Hanover, IN 47243-9063

$235,000

Estimated value

3408 State Rd 56

VACANT COMMERCIAL LAND

3408 State Rd 56, Hanover, IN 47243-9063

$230,000

Estimated value

2.38 AC lot

3408 State Rd 256

VACANT COMMERCIAL LAND

3408 State Rd 256, Hanover, IN 47243-9036

$235,000

Estimated value

0.09 AC lot

200 Spruce Ln

VACANT COMMERCIAL LAND

200 Spruce Ln, Hanover, IN 47243-9303

$230,000

Estimated value

2.28 AC lot

8000 Riv Btm Rd

VACANT COMMERCIAL LAND

8000 Riv Btm Rd, Hanover, IN 47243-9339

$240,000

Estimated value

12.70 AC lot

8000 Riv Btm Rd

VACANT COMMERCIAL LAND

8000 Riv Btm Rd, Hanover, IN 47243-9339

$235,000

Estimated value

9.30 AC lot

8000 Riv Btm Rd

VACANT COMMERCIAL LAND

8000 Riv Btm Rd, Hanover, IN 47243-9339

$230,000

Estimated value

24.20 AC lot

9000 Paynesville Rd

VACANT COMMERCIAL LAND

9000 Paynesville Rd, Hanover, IN 47243

$230,000

Estimated value

0.38 AC lot

24 Main Cross St

VACANT COMMERCIAL LAND

24 Main Cross St, Hanover, IN 47243-9471

$235,000

Estimated value

0.06 AC lot

293 Main St

VACANT COMMERCIAL LAND

293 Main St, Hanover, IN 47243

$235,000

Estimated value

0.26 AC lot

281 Main St

VACANT COMMERCIAL LAND

281 Main St, Hanover, IN 47243-9479

$240,000

Estimated value

0.04 AC lot

200 Main St

VACANT COMMERCIAL LAND

200 Main St, Hanover, IN 47243-9478

$235,000

Estimated value

0.09 AC lot

161 Madison Ave

VACANT COMMERCIAL LAND

161 Madison Ave, Hanover, IN 47243-9694

$240,000

Estimated value

0.94 AC lot

161 Madison Ave

VACANT COMMERCIAL LAND

161 Madison Ave, Hanover, IN 47243-9694

$235,000

Estimated value

0.56 AC lot

293 Madison Ave

VACANT COMMERCIAL LAND

293 Madison Ave, Hanover, IN 47243

$235,000

Estimated value

0.07 AC lot

14 Madison Ave

VACANT COMMERCIAL LAND

14 Madison Ave, Hanover, IN 47243

$235,000

Estimated value

0.02 AC lot

507 Lagrange Rd

VACANT COMMERCIAL LAND

507 Lagrange Rd, Hanover, IN 47243

$245,000

Estimated value

2.00 AC lot

142 Lagrange Rd

VACANT COMMERCIAL LAND

142 Lagrange Rd, Hanover, IN 47243-9437

$240,000

Estimated value

0.02 AC lot

180 Lagrange Rd

VACANT COMMERCIAL LAND

180 Lagrange Rd, Hanover, IN 47243-9437

$245,000

Estimated value

1.40 AC lot

122 Lagrange Rd

VACANT COMMERCIAL LAND

122 Lagrange Rd, Hanover, IN 47243-9447

$230,000

Estimated value

0.37 AC lot

180 Lagrange Rd

VACANT COMMERCIAL LAND

180 Lagrange Rd, Hanover, IN 47243-9447

$250,000

Estimated value

1.14 AC lot

Hanover, IN Commercial Land Market Trends and Statistics

Explore 42 commercial land for sale in Hanover, IN on our real estate platform. These investment opportunities span a total of 2,088 square feet of properties for sale.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 6,235

Population Growth (5Y) +3.0%

Median Household Income $66,333

College Educated 28.6%

Taxes & Financing

Tax Rate (average for all types) 2.38%

Property Tax per SF $62.13 per SF

Average Loan-to-Value 65.0%

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