Lebanon, IN Commercial Land for Sale

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Updated: May 7

57-Acre Industrial Land

4755 N 275 W, Lebanon, IN 46052

$6,200,000

57.00 AC lot

57 acres in Boone County, Indiana
Agricultural zoning
Immediately north of the Eli Lilly manufacturing and research complex
Along the I65 corridor with interstate access
Potential applications include industrial, logistics, life sciences, and commercial development

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Updated: Jul 12

Development Land with Road Frontage

545 S 500 E, Lebanon, IN 46052

$9,550,000

95.00 AC lot

95.42‑acre development land in Boone County
Approximately 610 feet of road frontage
Fronts on county road with asphalt road surface
Located just north of Whitestown and about half a mile from State Road 32 in Lebanon

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Agricultural Commercial Land

975 West 300 North, Lebanon, IN 46052

$2,500,000

871,200 sqft

Agricultural zoning applies to this commercial land tract beside a larger adjoining parcel.

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See what stands out in Boone County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Commercial Land Near Downtown

610 W South St, Lebanon, IN 46052

$1,275,000

Utilities are at the site, with direct access to SR 32 and convenient connections to I-65.

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Commercial Land

545 S 500 E, Lebanon, IN 46052

$9,550,000

Substantial commercial land tract near State Road 32 with extended road frontage and regional access.

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Commercial Development Land

1125 West 300 North, Lebanon, IN 46052

$5,000,000

1,742,400 sqft

Ag-zoned commercial land with additional acreage on both sides of the parcel.

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Vacant Billboard Sign Lot

3901 N State Road 52, Lebanon, IN 46052

$140,000

0.50 AC lot

Vacant half-acre parcel positioned for billboard use and visibility from I-65.

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Boone County Land Opportunity

690 W State Road 47, Lebanon, IN

Contact for pricing

2.65 AC lot

2.65 acres near Eli Lilly development in Boone County.

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Commercial Development Land Package

3776 N State Road 39, Lebanon, IN 46052

Contact for pricing

4.75 AC lot

Four contiguous parcels totaling 4.75+/- acres with frontage on SR 39 and W 375 N, subject to rezoning for commercial use.

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Commercial Redevelopment Land

200 S Lebanon St, Lebanon, IN 46052

Contact for pricing

0.35 AC lot

35-acre redevelopment site with strong visibility along Indiana 32 and 39, just minutes from I-65.

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Development Land Near Eli Lilly

3760 N SR 39, 3776 & 3820 N SR 39, 660 W 375 N, Lebanon, IN 46052

Contact for pricing

4.75 AC lot

4.75+/- acres near planned developments in Lebanon, Indiana.

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Commercial Land Zoned for Commercial Use

200 Sam Ralston Rd, Lebanon, IN 46052

Contact for pricing

1.44 AC lot

Commercially zoned land tract near Interstate 65 and SR 32, within the LEAP Lebanon Innovation District area.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Lebanon, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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.

Commercial Land with Rolling Terrain

3502 West 450 North, Thorntown, IN 46071

$2,424,975

1,596,910 sqft

Two adjoining parcels offer gently rolling land with Ag and Residential zoning near established and planned transportation access.

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Commercial Land Development Site

3502 W 450 N, Thorntown, IN 46071

$2,424,975

Two-parcel commercial land tract totaling 36.66 acres along US Highway 52 in Thorntown, Indiana.

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Commercial Land Near I-65

780 S & 525 E, Whitestown, IN

Contact for pricing

1.34 AC lot

Two lots available near I-65 and Whitestown Parkway.

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Mixed-Use Development Land Available

NEC S 650 E & E 400 S, Whitestown, IN 46075

Contact for pricing

Land for mixed-use development near Ronald Reagan Parkway.

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Off-Market Properties in Lebanon, IN

Consider similar Off-Market properties in Lebanon, 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.

VACANT COMMERCIAL LAND

915 Progress Ave, Lebanon, IN 46052-2053

Estimated value:

$250,000

0.18 AC lot

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VACANT COMMERCIAL LAND

203 Birchwood Dr, Lebanon, IN 46052-2900

Estimated value:

$250,000

3.13 AC lot

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VACANT COMMERCIAL LAND

4167 Indianapolis Rd, Lebanon, IN 46052-8362

Estimated value:

$870,000

1.71 AC lot

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VACANT COMMERCIAL LAND

2802 State Rd 39, Lebanon, IN 46052

Estimated value:

$255,000

12.00 AC lot

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VACANT COMMERCIAL LAND

1527 Ws St, Lebanon, IN 46052-2371

Estimated value:

by Request

82,755 sqft 1.64 AC lot

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VACANT COMMERCIAL LAND

940 Lasley Dr, Lebanon, IN 46052-1480

Estimated value:

$240,000

1.12 AC lot

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VACANT COMMERCIAL LAND

608 Grn St, Lebanon, IN 46052-2820

Estimated value:

$260,000

0.22 AC lot

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VACANT COMMERCIAL LAND

1517 Gtwy Ave, Lebanon, IN 46052

Estimated value:

$270,000

7.34 AC lot

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VACANT COMMERCIAL LAND

410 Gtwy Ave, Lebanon, IN 46052

Estimated value:

$400,000

2.14 AC lot

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VACANT COMMERCIAL LAND

705 Cox Ave, Lebanon, IN 46052

Estimated value:

$2,500,000

34.64 AC lot

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VACANT COMMERCIAL LAND

200 Sam Ralston Rd, Lebanon, IN 46052-1378

Estimated value:

$250,000

1.44 AC lot

View details

VACANT COMMERCIAL LAND

940 Monument Dr, Lebanon, IN 46052-2967

Estimated value:

$245,000

1.20 AC lot

View details

Lebanon, IN Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Lebanon, IN, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 9,863,726 square feet of properties for sale, with an estimated market value of $34,215,000.

Sale prices for commercial lots in Lebanon, IN start at $140,000, averaging $4,887,857, and reaching up to $9,550,000 — 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

Demographics Overview

Population 23K

Population Growth (5Y) +5.4%

Median Household Income $66,828

College Educated 33.9%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
46052	$5.4M

Taxes & Financing

Tax Rate (average for all types) 1.60%

Property Tax per SF $37.47 per SF

Tax Rate vs County Average 0.08 pp below county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Lebanon fall within the 100+ acres range.

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Lebanon, IN Commercial Land for Sale

4755 N 275 W, Lebanon, IN 46052

545 S 500 E, Lebanon, IN 46052

975 West 300 North, Lebanon, IN 46052

610 W South St, Lebanon, IN 46052

545 S 500 E, Lebanon, IN 46052

1125 West 300 North, Lebanon, IN 46052

3901 N State Road 52, Lebanon, IN 46052

690 W State Road 47, Lebanon, IN

3776 N State Road 39, Lebanon, IN 46052

200 S Lebanon St, Lebanon, IN 46052

3760 N SR 39, 3776 & 3820 N SR 39, 660 W 375 N, Lebanon, IN 46052

200 Sam Ralston Rd, Lebanon, IN 46052

Opportunities in Nearby Cities

3502 West 450 North, Thorntown, IN 46071

3502 W 450 N, Thorntown, IN 46071

780 S & 525 E, Whitestown, IN

NEC S 650 E & E 400 S, Whitestown, IN 46075

Off-Market Properties in Lebanon, IN

915 Progress Ave, Lebanon, IN 46052-2053

203 Birchwood Dr, Lebanon, IN 46052-2900

4167 Indianapolis Rd, Lebanon, IN 46052-8362

2802 State Rd 39, Lebanon, IN 46052

1527 Ws St, Lebanon, IN 46052-2371

940 Lasley Dr, Lebanon, IN 46052-1480

608 Grn St, Lebanon, IN 46052-2820

1517 Gtwy Ave, Lebanon, IN 46052

410 Gtwy Ave, Lebanon, IN 46052

705 Cox Ave, Lebanon, IN 46052

200 Sam Ralston Rd, Lebanon, IN 46052-1378

940 Monument Dr, Lebanon, IN 46052-2967

Lebanon, IN Commercial Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

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