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    Lebanon, IN Commercial Land for Sale

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    15 properties
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    Commercial Flex Space
    Updated: May 31
    Commercial Flex Space

    7984 W State Road 32, Lebanon, IN 46052

    $489,900
    2.58 AC lot
    Approximately 2,100 square feet of flex space
    Built in 2003
    Commercial/mixed‑use zoning
    Includes adjacent parcel on the north side
    Frontage along State Road 32 in Lebanon, Indiana
    View details
    Industrial Land
    Updated: May 7
    Industrial Land

    4755 N 275 W, Lebanon, IN 46052

    $6,200,000
    57.00 AC lot
    57‑acre industrial land tract
    Agricultural zoning
    Public sewer listed; well needed
    Immediately north of Eli Lilly’s manufacturing and research complex
    Along the I‑65 corridor
    View details
    Retail Space with Adjacent Parcel
    Retail Space with Adjacent Parcel

    7984 W State Road 32, Lebanon, IN 46052

    $489,900
    2,100 sqft 2.30 AC lot

    Commercial/mixed-use zoning and a combined site support a range of commercial configurations.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Development Land with Road Frontage
    Development Land with Road Frontage

    545 S 500 E, Lebanon, IN 46052

    $9,550,000
    95.00 AC lot

    95 acres of development land with approximately 610 feet of road frontage near State Road 32.

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    Commercial Land Near Downtown
    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
    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
    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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    Agricultural Commercial Land
    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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    Vacant Billboard Sign Lot
    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
    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
    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
    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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    Commercial Land at Signalized Corner
    Commercial Land at Signalized Corner

    660 W 375 N, Lebanon, IN 46052

    $450,000

    Four contiguous parcels form a development package near planned residential and retail projects.

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    Development Land Near Eli Lilly
    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
    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 15 Active listings in Lebanon, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 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
    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
    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 in Whitestown, IN
    Commercial Land in Whitestown, IN

    6798 Reins Row, Whitestown, IN

    Contact for pricing
    17.49 AC lot

    PUD zoned land suitable for retail, office, multi-family.

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    Mixed-Use Development Land Available
    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.

    View details

    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.

    915 Progress Ave
    VACANT COMMERCIAL LAND

    915 Progress Ave, Lebanon, IN 46052-2053

    Estimated value:
    $250,000
    0.18 AC lot
    View details
    203 Birchwood Dr
    VACANT COMMERCIAL LAND

    203 Birchwood Dr, Lebanon, IN 46052-2900

    Estimated value:
    $250,000
    3.13 AC lot
    View details
    4167 Indianapolis Rd
    VACANT COMMERCIAL LAND

    4167 Indianapolis Rd, Lebanon, IN 46052-8362

    Estimated value:
    $870,000
    1.71 AC lot
    View details
    2802 State Rd 39
    VACANT COMMERCIAL LAND

    2802 State Rd 39, Lebanon, IN 46052

    Estimated value:
    $255,000
    12.00 AC lot
    View details
    1527 Ws St
    VACANT COMMERCIAL LAND

    1527 Ws St, Lebanon, IN 46052-2371

    Estimated value: by Request
    82,755 sqft 1.64 AC lot
    View details
    940 Lasley Dr
    VACANT COMMERCIAL LAND

    940 Lasley Dr, Lebanon, IN 46052-1480

    Estimated value:
    $240,000
    1.12 AC lot
    View details
    608 Grn St
    VACANT COMMERCIAL LAND

    608 Grn St, Lebanon, IN 46052-2820

    Estimated value:
    $260,000
    0.22 AC lot
    View details
    1517 Gtwy Ave
    VACANT COMMERCIAL LAND

    1517 Gtwy Ave, Lebanon, IN 46052

    Estimated value:
    $270,000
    7.34 AC lot
    View details
    410 Gtwy Ave
    VACANT COMMERCIAL LAND

    410 Gtwy Ave, Lebanon, IN 46052

    Estimated value:
    $400,000
    2.14 AC lot
    View details

    Lebanon, IN Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in Lebanon, IN, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 10,076,299 square feet of properties for sale, with an estimated market value of $35,644,800.

    Sale prices for commercial lots in Lebanon, IN start at $140,000, averaging $3,564,480, 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

    Commercial land 16
    Industrial land 6
    Agricultural land / Farmland 3
    Residential land & home lots 1

    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 $4.9M

    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.

    How Realmo verifies these figures

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