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    Spencer, IN
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    Spencer, IN Commercial Land for Sale

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    Gosport, IN Ellettsville, IN Bloomington, IN
    Land with Highway Frontage
    $259,900
    14.44 Acres

    Land with Highway Frontage

    1650 E State Road 46 Road, Spencer, IN 47460

    14.44 acres with highway frontage near downtown Spencer, Indiana.

    • 14.44‑acre property with visibility and access, minutes from downtown Spencer.
    • Approximately 1,200 feet of frontage on State Highway 46, suitable for residential, recreational, or small commercial development.
    • Level, open acreage ideal for building, with wooded area providing privacy and views of McCormick’s Creek State Park and the White River.
    • Two access points from State Highway 46 and additional access from River Road.
    • Two existing wells and two septic systems on‑site.
    Updated: May 1
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    Land Parcel in Spencer, Indiana
    $90,000
    1.04 Acres

    Land Parcel in Spencer, Indiana

    00 Concord Road, Spencer, IN 47460

    1.042 acre parcel with utilities in Spencer, Indiana.

    • 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
    Updated: Mar 3
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    Commercial Land in Spencer, Indiana
    $499,900
    2.86 Acres

    Commercial Land in Spencer, Indiana

    2.861-acre commercial land available in Spencer, Indiana.

    2.861A W 46 Highway, Spencer, IN 47460
    View details
    Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 3 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.

    Ellettsville Land For Sale
    $47,500
    0.20 Acres

    Ellettsville Land For Sale

    0.2 acre lot suitable for home or small office.

    909 W Temperance Street, Ellettsville, IN 47429
    View details
    Ellettsville Commercial Land For Sale
    $1,495,000
    5.61 Acres

    Ellettsville Commercial Land For Sale

    5.62 acres with redevelopment potential in a strong growth corridor.

    5665 W State Road 46 Road, Ellettsville, IN 47404
    View details
    Bloomington Land For Sale
    $2,239,900
    1.00 Acre

    Bloomington Land For Sale

    40 acre commercial land with high visibility near utilities.

    0 Reeves Road, Bloomington, IN 47404
    View details
    Bloomington Commercial Land For Sale
    $299,000
    1.47 Acres

    Bloomington Commercial Land For Sale

    Commercial land parcel in a high-growth area with road frontage.

    3389 N Finance Road, Bloomington, IN 47404
    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
    Lot: 3.61 Acres
    Value Estimation by Request

    886 Franklin St, Spencer, IN 47460-1156

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    Franklin St
    VACANT COMMERCIAL LAND
    Lot: 0.37 Acres
    Value Estimation by Request

    Franklin St, Spencer, IN 47460

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    319 Walnut St
    VACANT COMMERCIAL LAND
    Lot: 0.13 Acres
    Value Estimation by Request

    319 Walnut St, Spencer, IN 47460-1641

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    371 Walnut St
    VACANT COMMERCIAL LAND
    Lot: 0.06 Acres
    Value Estimation by Request

    371 Walnut St, Spencer, IN 47460-1641

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    Market St
    VACANT COMMERCIAL LAND
    Lot: 0.34 Acres
    Value Estimation by Request

    Market St, Spencer, IN 47460

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    602 Fletcher Ave
    VACANT COMMERCIAL LAND
    Lot: 0.30 Acres
    Value Estimation by Request

    602 Fletcher Ave, Spencer, IN 47460-1013

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    710 Fletcher Ave
    VACANT COMMERCIAL LAND
    1,946 SF Lot: 0.98 Acres
    Value Estimation by Request

    710 Fletcher Ave, Spencer, IN 47460-1015

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    600 Fletcher Ave
    VACANT COMMERCIAL LAND
    1,341 SF Lot: 0.57 Acres
    Value Estimation by Request

    600 Fletcher Ave, Spencer, IN 47460-1013

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    520 Fletcher Ave
    VACANT COMMERCIAL LAND
    Lot: 0.14 Acres
    Value Estimation by Request

    520 Fletcher Ave, Spencer, IN 47460-1011

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    Morgan St
    VACANT COMMERCIAL LAND
    Lot: 0.02 Acres
    Value Estimation by Request

    Morgan St, Spencer, IN 47460

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    470 Morgan St
    VACANT COMMERCIAL LAND
    Lot: 0.20 Acres
    Value Estimation by Request

    470 Morgan St, Spencer, IN 47460-1222

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    1953 State Hwy 46
    VACANT COMMERCIAL LAND
    4,620 SF Lot: 2.86 Acres
    Value Estimation by Request

    1953 State Hwy 46, Spencer, IN 47460-6446

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    540 Fletcher Ave
    VACANT COMMERCIAL LAND
    816 SF Lot: 0.14 Acres
    Value Estimation by Request

    540 Fletcher Ave, Spencer, IN 47460-1011

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    7823 State Hwy 43
    VACANT COMMERCIAL LAND
    Lot: 8.51 Acres
    Value Estimation by Request

    7823 State Hwy 43, Spencer, IN 47460-5954

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    Vilas Rd
    VACANT COMMERCIAL LAND
    Lot: 0.29 Acres
    Value Estimation by Request

    Vilas Rd, Spencer, IN 47460

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    Vilas Rd
    VACANT COMMERCIAL LAND
    Lot: 1.00 Acre
    Value Estimation by Request

    Vilas Rd, Spencer, IN 47460

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    State Hwy 43
    VACANT COMMERCIAL LAND
    Lot: 1.06 Acres
    Value Estimation by Request

    State Hwy 43, Spencer, IN 47460

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    2333 State Hwy 43
    VACANT COMMERCIAL LAND
    Lot: 2.74 Acres
    Value Estimation by Request

    2333 State Hwy 43, Spencer, IN 47460-6862

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    Par Ave
    VACANT COMMERCIAL LAND
    Lot: 0.10 Acres
    Value Estimation by Request

    Par Ave, Spencer, IN 47460

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    State Hwy 46
    VACANT COMMERCIAL LAND
    Lot: 1.57 Acres
    Value Estimation by Request

    State Hwy 46, Spencer, IN 47460

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    860 Morgan St
    VACANT COMMERCIAL LAND
    Lot: 0.65 Acres
    Value Estimation by Request

    860 Morgan St, Spencer, IN 47460-1138

    View details

    Spencer, IN Commercial Land Investment Opportunities Market Analysis

    Explore 37 commercial land for sale in Spencer, IN, showcased through 3 active listings 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 $849,800.

    Sale prices for commercial lots in Spencer, IN start at $90,000, averaging $283,266, 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

    Residential land & home lots 5
    Commercial land 3

    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 median listing prices of real estate assets

    Neighborhood Average Price
    47460 $283.3K

    Taxes & Financing

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

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