Commercial

Spencer, IN Commercial Land for Sale

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Land Parcel in Spencer, Indiana
Updated: Mar 3
Land Parcel in Spencer, Indiana

Concord Road, Spencer, IN 47460

$90,000
1.04 AC lot
1.042 acre parcel of land in Owen County
Access to natural gas, city water, and electricity
Located on a corner lot in a busy traffic area
Close proximity to Dollar General
Suitable for a variety of potential uses
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Commercial Land in Spencer, Indiana
Updated: Jul 14, 2025
Commercial Land in Spencer, Indiana

2.861A W 46 Highway, Spencer, IN 47460

$499,900
2.86 AC lot
Underground service available.
Location available (Latitude: 39.28725, Longitude: -86.77436).
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Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 34 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 Zoned Corner Building Lot
Commercial Zoned Corner Building Lot

909 W Temperance Street lot: 24, Ellettsville, IN 47429

$47,500
0.20 AC lot

A 0.2-acre corner lot in Ellettsville suitable for a small office or home, not in a flood zone.

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Corner Commercial Land Lot
Corner Commercial Land Lot

909 W Temperance Street, Ellettsville, IN 47429

$47,500
0.20 AC lot

A 0.2-acre corner lot in Ellettsville suitable for a small office or residential development.

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Commercial Land with State Road Frontage
Commercial Land with State Road Frontage

4295 W State Road 46, Bloomington, IN 47404

$799,900
4.29 AC lot

Zoned Commercial C-2 and offers substantial State Road 46 frontage for retail, restaurant, or multifamily development.

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Commercial Parcel on Finance Road
Commercial Parcel on Finance Road

3389 N Finance Rd, Bloomington, IN 47404

$299,000

Commercial land with road frontage in a growing corridor.

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Off-Market Properties in Spencer, IN

Consider similar Off-Market properties in Spencer, 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.

886 Franklin St
VACANT COMMERCIAL LAND

886 Franklin St, Spencer, IN 47460-1156

Value Estimation by Request
3.61 AC lot
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Franklin St
VACANT COMMERCIAL LAND

Franklin St, Spencer, IN 47460

Value Estimation by Request
0.37 AC lot
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319 Walnut St
VACANT COMMERCIAL LAND

319 Walnut St, Spencer, IN 47460-1641

Value Estimation by Request
0.13 AC lot
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371 Walnut St
VACANT COMMERCIAL LAND

371 Walnut St, Spencer, IN 47460-1641

Value Estimation by Request
0.06 AC lot
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Market St
VACANT COMMERCIAL LAND

Market St, Spencer, IN 47460

Value Estimation by Request
0.34 AC lot
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602 Fletcher Ave
VACANT COMMERCIAL LAND

602 Fletcher Ave, Spencer, IN 47460-1013

Value Estimation by Request
0.30 AC lot
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710 Fletcher Ave
VACANT COMMERCIAL LAND

710 Fletcher Ave, Spencer, IN 47460-1015

Value Estimation by Request
1,946 sqft 0.98 AC lot
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600 Fletcher Ave
VACANT COMMERCIAL LAND

600 Fletcher Ave, Spencer, IN 47460-1013

Value Estimation by Request
1,341 sqft 0.57 AC lot
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520 Fletcher Ave
VACANT COMMERCIAL LAND

520 Fletcher Ave, Spencer, IN 47460-1011

Value Estimation by Request
0.14 AC lot
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Morgan St
VACANT COMMERCIAL LAND

Morgan St, Spencer, IN 47460

Value Estimation by Request
0.02 AC lot
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470 Morgan St
VACANT COMMERCIAL LAND

470 Morgan St, Spencer, IN 47460-1222

Value Estimation by Request
0.20 AC lot
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1953 State Hwy 46
VACANT COMMERCIAL LAND

1953 State Hwy 46, Spencer, IN 47460-6446

Value Estimation by Request
4,620 sqft 2.86 AC lot
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540 Fletcher Ave
VACANT COMMERCIAL LAND

540 Fletcher Ave, Spencer, IN 47460-1011

Value Estimation by Request
816 sqft 0.14 AC lot
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7823 State Hwy 43
VACANT COMMERCIAL LAND

7823 State Hwy 43, Spencer, IN 47460-5954

Value Estimation by Request
8.51 AC lot
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Vilas Rd
VACANT COMMERCIAL LAND

Vilas Rd, Spencer, IN 47460

Value Estimation by Request
0.29 AC lot
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Vilas Rd
VACANT COMMERCIAL LAND

Vilas Rd, Spencer, IN 47460

Value Estimation by Request
1.00 AC lot
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State Hwy 43
VACANT COMMERCIAL LAND

State Hwy 43, Spencer, IN 47460

Value Estimation by Request
1.06 AC lot
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2333 State Hwy 43
VACANT COMMERCIAL LAND

2333 State Hwy 43, Spencer, IN 47460-6862

Value Estimation by Request
2.74 AC lot
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Par Ave
VACANT COMMERCIAL LAND

Par Ave, Spencer, IN 47460

Value Estimation by Request
0.10 AC lot
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State Hwy 46
VACANT COMMERCIAL LAND

State Hwy 46, Spencer, IN 47460

Value Estimation by Request
1.57 AC lot
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860 Morgan St
VACANT COMMERCIAL LAND

860 Morgan St, Spencer, IN 47460-1138

Value Estimation by Request
0.65 AC lot
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36 Texas Pike
VACANT COMMERCIAL LAND

36 Texas Pike, Spencer, IN 47460-7136

Value Estimation by Request
2.29 AC lot
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Spencer, IN Commercial Land Market Trends and Statistics

Explore 36 commercial land for sale in Spencer, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $589,900.

Sale prices for commercial lots in Spencer, IN start at $90,000, averaging $294,950, and reaching up to $499,900 — 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 6
Commercial land 4
Recreation land 3
Agricultural land / Farmland 2
Hunting land 1

Demographics Overview

Population 11K
Population Growth (5Y) +4.4%
Median Household Income $67,688
College Educated 29.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47460 $277.4K

Taxes & Financing

Tax Rate (average for all types) 1.89%
Property Tax per SF $34.39 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Owen County

New Delisted

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