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    Spencer, IN Commercial Land for Sale

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    Industrial Land Near Retail Anchors
    Updated: Aug 4
    Industrial Land Near Retail Anchors

    1.54 ac 5th Avenue, Spencer, IN 47460

    $57,500
    1.54 AC lot
    1.54‑acre industrial land parcel
    Public Sewer available
    Located on 5th Avenue in Spencer, IN 47460
    Adjacent to Wendy's and O'Reilly Auto Parts
    Situated at the west end of Spencer
    View details
    Wooded Land with Highway Access
    Updated: May 1
    Wooded Land with Highway Access

    1650 E State Road 46, Spencer, IN 47460

    $259,900
    14.44 AC lot
    14.44 acres with open, level front acreage and a wooded rear portion
    Approximately 1,200 feet of frontage along State Highway 46
    Two access points from State Highway 46 plus additional access from River Road
    Views toward McCormick's Creek State Park and the White River
    Two existing wells and two septic systems; utility condition is not guaranteed by sellers
    View details
    Highway-Access Commercial Land
    Highway-Access Commercial Land

    2 Lots Morgan Street, Spencer, IN 47460

    $295,000
    0.40 AC lot

    Commercial land with highway exposure and nearby access to water, sewer, natural gas, and electric service.

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    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
    Commercial Land with BLM1 Zoning
    Commercial Land with BLM1 Zoning

    1.54 Acres Street, Spencer, IN 47460

    $57,500
    1.54 AC lot

    BLM1-zoned parcel adjacent to Wendy's and O'Reilly Auto Parts in Spencer.

    View details
    Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 4 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.

    View details
    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.

    View details
    Commercial Property with Pole Building
    Commercial Property with Pole Building

    4890 W State Road 46, Bloomington, IN 47404

    $449,999
    1.27 AC lot

    Commercial-zoned property on State Road 46 with a renovated limestone ranch and substantial pole building for storage or workspace.

    View details
    Commercial Parcel on Finance Road
    Commercial Parcel on Finance Road

    3389 N Finance Rd, Bloomington, IN 47404

    Contact for pricing

    Commercial land with road frontage in a growing corridor.

    View details

    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

    Estimated value:
    $260,000
    3.61 AC lot
    View details
    Franklin St
    VACANT COMMERCIAL LAND

    Franklin St, Spencer, IN 47460

    Estimated value:
    $255,000
    0.37 AC lot
    View details
    319 Walnut St
    VACANT COMMERCIAL LAND

    319 Walnut St, Spencer, IN 47460-1641

    Estimated value:
    $250,000
    0.13 AC lot
    View details
    371 Walnut St
    VACANT COMMERCIAL LAND

    371 Walnut St, Spencer, IN 47460-1641

    Estimated value:
    $260,000
    0.06 AC lot
    View details
    Market St
    VACANT COMMERCIAL LAND

    Market St, Spencer, IN 47460

    Estimated value:
    $250,000
    0.34 AC lot
    View details
    602 Fletcher Ave
    VACANT COMMERCIAL LAND

    602 Fletcher Ave, Spencer, IN 47460-1013

    Estimated value:
    $265,000
    0.30 AC lot
    View details
    710 Fletcher Ave
    VACANT COMMERCIAL LAND

    710 Fletcher Ave, Spencer, IN 47460-1015

    Estimated value:
    $185,000
    1,946 sqft 0.98 AC lot
    View details
    600 Fletcher Ave
    VACANT COMMERCIAL LAND

    600 Fletcher Ave, Spencer, IN 47460-1013

    Estimated value:
    $175,000
    1,341 sqft 0.57 AC lot
    View details
    520 Fletcher Ave
    VACANT COMMERCIAL LAND

    520 Fletcher Ave, Spencer, IN 47460-1011

    Estimated value:
    $255,000
    0.14 AC lot
    View details
    Morgan St
    VACANT COMMERCIAL LAND

    Morgan St, Spencer, IN 47460

    Estimated value:
    $245,000
    0.02 AC lot
    View details
    470 Morgan St
    VACANT COMMERCIAL LAND

    470 Morgan St, Spencer, IN 47460-1222

    Estimated value:
    $250,000
    0.20 AC lot
    View details
    1953 State Hwy 46
    VACANT COMMERCIAL LAND

    1953 State Hwy 46, Spencer, IN 47460-6446

    Estimated value:
    $210,000
    4,620 sqft 2.86 AC lot
    View details
    540 Fletcher Ave
    VACANT COMMERCIAL LAND

    540 Fletcher Ave, Spencer, IN 47460-1011

    Estimated value:
    $150,000
    816 sqft 0.14 AC lot
    View details
    7823 State Hwy 43
    VACANT COMMERCIAL LAND

    7823 State Hwy 43, Spencer, IN 47460-5954

    Estimated value:
    $260,000
    8.51 AC lot
    View details
    Vilas Rd
    VACANT COMMERCIAL LAND

    Vilas Rd, Spencer, IN 47460

    Estimated value:
    $265,000
    0.29 AC lot
    View details
    Vilas Rd
    VACANT COMMERCIAL LAND

    Vilas Rd, Spencer, IN 47460

    Estimated value:
    $265,000
    1.00 AC lot
    View details
    State Hwy 43
    VACANT COMMERCIAL LAND

    State Hwy 43, Spencer, IN 47460

    Estimated value:
    $265,000
    1.06 AC lot
    View details
    2333 State Hwy 43
    VACANT COMMERCIAL LAND

    2333 State Hwy 43, Spencer, IN 47460-6862

    Estimated value:
    $260,000
    2.74 AC lot
    View details
    Par Ave
    VACANT COMMERCIAL LAND

    Par Ave, Spencer, IN 47460

    Estimated value:
    $255,000
    0.10 AC lot
    View details
    State Hwy 46
    VACANT COMMERCIAL LAND

    State Hwy 46, Spencer, IN 47460

    Estimated value:
    $260,000
    1.57 AC lot
    View details

    Spencer, IN Commercial Land Market Trends and Statistics

    Explore 38 commercial land for sale in Spencer, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 780,595 square feet of properties for sale, with an estimated market value of $669,900.

    Sale prices for commercial lots in Spencer, IN start at $57,500, averaging $167,475, and reaching up to $295,000 — 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

    Residential land & home lots 10
    Commercial land 4
    Agricultural land / Farmland 3
    Industrial land 2
    Recreation land 2

    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 $167.5K

    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%

    How Realmo verifies these figures

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    Popular Searches in Spencer, IN

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    Most Searched ZIP Codes in Spencer, IN

    • 47460

    Featured Spencer Real Estate Agencies

    Realmo connects you with licensed Spencer CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    West & Co Realtors
    385 E Morgan St Spencer, IN 47460
    Phone: (812) 828-0285
    Keith Realty & Auction Group
    2411 River Rd Spencer, IN
    Phone: (812) 821-7772
    Farmers National Company
    PO Box 612 Spencer, IN
    Phone: (812) 876-7612
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