Salem, IN
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    Salem, IN Commercial Land for Sale

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    Pekin, IN Borden, IN Scottsburg, IN
    12 results
    Salem Land with Damaged Building
    $500,000
    8.44 Acres

    Salem Land with Damaged Building

    6155 E State Road 56 Road, Salem, IN 47167

    8.5 acre property with fire-damaged building between Salem and Scottsburg.

    • Prime location on a heavily traveled State Rd between Salem and Scottsburg
    • Large land parcel of almost 8.5 acres
    • Includes 3 separate parcels
    • Steel building on the property (potential for salvage)
    • Off‑street parking available
    Updated: Apr 8
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    Commercial Land on State Road
    $500,000
    8.43 Acres

    Commercial Land on State Road

    6155 E State Road 56, Salem, IN 47167

    8.5 acres of commercial land between Salem and Scottsburg.

    • Great location on a heavily traveled State Rd.
    • Almost 8.5 acres of land.
    • Includes 3 parcels.
    • Value is in the land.
    • Water source: Public.
    Updated: Apr 8
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    25 Acres of Scenic Land
    $259,900
    24.70 Acres

    25 Acres of Scenic Land

    Land with pasture, woods, springs, stream, utilities, and internet.

    W Highway 60 at Temple Rd, Salem, IN 47167
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    High Traffic Corner Land Parcel
    $350,000
    2.40 Acres

    High Traffic Corner Land Parcel

    Prime corner lot on Hwy 60, near retail and residential.

    1209 S Jackson, Salem, IN
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    Prime Commercial Land in Salem
    $750,000
    0.71 Acres

    Prime Commercial Land in Salem

    0.71 acre B-2 zoned land with high visibility.

    401 N Main Street, Salem, IN 47167
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    Land with Approved Storage Plans
    $199,900
    3,444 SF

    Land with Approved Storage Plans

    Land with approved plans for 88 storage units.

    1101 S Main Street, Salem, IN 47167
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    Prime Commercial Land Available
    $850,000
    14.51 Acres

    Prime Commercial Land Available

    14.51 acres with B-2 zoning in a prime location.

    1036 N Jim Day Road, Salem, IN 47167
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    Spacious Warehouse and Office Complex
    $1,800,000
    71,102 SF

    Spacious Warehouse and Office Complex

    22-acre property with warehouse and office space near town square.

    501 E Market Street, Salem, IN 47167
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    2 Acres Commercial Land Available
    $650,000
    2.00 Acres

    2 Acres Commercial Land Available

    Commercial land across from Walmart and Taco Bell.

    End of Coral Street, Salem, IN
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    Commercial Land on State Road
    $180,000
    2.46 Acres

    Commercial Land on State Road

    2.46 acre commercial site with high traffic frontage.

    W Mulberry Street, Salem, IN 47167
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    Commercial Land on State Road
    $190,000
    3.18 Acres

    Commercial Land on State Road

    3.18 acre commercial site with high traffic frontage.

    W Mulberry Street, Salem, IN 47167
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    Vacant Land on Highway 60
    $150,000

    Vacant Land on Highway 60

    Vacant land with commercial potential on a main corridor.

    507 S Jackson Street, Salem, IN 47167
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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Salem, 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.

    Prime Commercial Corner Lot
    $454,640
    6.56 Acres

    Prime Commercial Corner Lot

    High-visibility corner lot ideal for retail or restaurant development.

    629 W Lake Rd W, Scottsburg, IN
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    High-Traffic Commercial Development Opportunity
    $718,800

    High-Traffic Commercial Development Opportunity

    Four build-ready parcels suitable for office, medical, or restaurant development.

    1402 W State Rd 56, Scottsburg, IN 47170
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    Prime Commercial Land For Sale
    $149,900
    2.28 Acres

    Prime Commercial Land For Sale

    2.28 acres of commercial land with highway frontage.

    595 E State Road 60, Pekin, IN 47165
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    Commercial Corner Lot on Highway
    $74,900

    Commercial Corner Lot on Highway

    Commercial corner lot with high visibility and road frontage.

    201 W Shorts Corner Road, Pekin, IN 47165
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    Off-Market Properties in Salem, IN

    Consider similar Off-Market properties in Salem, 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.

    1209 Hackberry St
    VACANT COMMERCIAL LAND
    1,665 SF Lot: 0.60 Acres
    Value Estimation by Request

    1209 Hackberry St, Salem, IN 47167-9603

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    1211 Hackberry St
    VACANT COMMERCIAL LAND
    2,328 SF Lot: 0.99 Acres
    Value Estimation by Request

    1211 Hackberry St, Salem, IN 47167-9603

    View details
    122 Aviation Cir
    VACANT COMMERCIAL LAND
    Lot: 0.23 Acres
    Value Estimation by Request

    122 Aviation Cir, Salem, IN 47167-9401

    View details
    Side Of Aviation Cir
    VACANT COMMERCIAL LAND
    Lot: 0.03 Acres
    Value Estimation by Request

    Side Of Aviation Cir, Salem, IN 47167

    View details
    S-side Cherry St
    VACANT COMMERCIAL LAND
    Lot: 0.06 Acres
    Value Estimation by Request

    S-side Cherry St, Salem, IN 47167

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    End Of Coral St
    VACANT COMMERCIAL LAND
    Lot: 0.31 Acres
    Value Estimation by Request

    End Of Coral St, Salem, IN 47167

    View details
    Side Pearl St St
    VACANT COMMERCIAL LAND
    Lot: 1.38 Acres
    Value Estimation by Request

    Side Pearl St St, Salem, IN 47167

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    Ns Hwy 56th E
    VACANT COMMERCIAL LAND
    2,000 SF Lot: 1.17 Acres
    Value Estimation by Request

    Ns Hwy 56th E, Salem, IN 47167

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    300 Main St
    VACANT COMMERCIAL LAND
    Lot: 0.21 Acres
    Value Estimation by Request

    300 Main St, Salem, IN 47167-1322

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    Jackson St
    VACANT COMMERCIAL LAND
    Lot: 0.56 Acres
    Value Estimation by Request

    Jackson St, Salem, IN 47167

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    905 Jackson St
    VACANT COMMERCIAL LAND
    1,188 SF Lot: 0.46 Acres
    Value Estimation by Request

    905 Jackson St, Salem, IN 47167-9787

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    903 Jackson St
    VACANT COMMERCIAL LAND
    1,008 SF Lot: 0.46 Acres
    Value Estimation by Request

    903 Jackson St, Salem, IN 47167-9787

    View details

    Salem, IN Commercial Land Investment Opportunities Market Analysis

    Explore 72 commercial land for sale in Salem, IN, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 74,546 square feet of properties for sale, with an estimated market value of $1,999,900.

    Sale prices for commercial lots in Salem, IN start at $199,900, averaging $999,950, and reaching up to $1,800,000 — 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 land 12
    Residential land & home lots 3
    Agricultural land / Farmland 2
    Hunting land 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) +6.2%
    Median Household Income $57,697
    College Educated 18.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    47167 $538K

    Taxes & Financing

    Tax Rate (average for all types) 2.65%
    Property Tax per SF $46.11 per sq ft
    Average Loan-to-Value 65.0%

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