Commercial

Spencer, IN Commercial Land for Sale

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6 properties
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
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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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Wooded Land with Highway Access
Wooded Land with Highway Access

1650 E State Road 46, Spencer, IN 47460

$259,900
14.44 AC lot

Open and wooded acreage supports residential, recreational, or small commercial development concepts.

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Corner-Lot Commercial Land with Utilities
Corner-Lot Commercial Land with Utilities

470 W Morgan St, Spencer, IN 47460

$225,000

Fully improved corner parcel with water, sewer, and electrical service on site.

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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.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

886 West Franklin Street, Spencer, IN 47460

$800,000
157,077 sqft

Commercial land with direct roadway exposure and signalized access near an established pharmacy.

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Based on your search, we've compiled 44 Potential Opportunities for your consideration. Besides 6 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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Vacant Commercial Land Parcel
Vacant Commercial Land Parcel

5661 State Rd 46, Bloomington, IN 47404

Contact for pricing
1.30 AC lot

Vacant 1.3-acre commercial land parcel on busy State Road 46 within Ellettsville city limits.

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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.

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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

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

Franklin St, Spencer, IN 47460

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

319 Walnut St, Spencer, IN 47460-1641

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

371 Walnut St, Spencer, IN 47460-1641

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

Market St, Spencer, IN 47460

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

602 Fletcher Ave, Spencer, IN 47460-1013

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

710 Fletcher Ave, Spencer, IN 47460-1015

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

600 Fletcher Ave, Spencer, IN 47460-1013

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

520 Fletcher Ave, Spencer, IN 47460-1011

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

Morgan St, Spencer, IN 47460

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

470 Morgan St, Spencer, IN 47460-1222

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

1953 State Hwy 46, Spencer, IN 47460-6446

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

540 Fletcher Ave, Spencer, IN 47460-1011

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

7823 State Hwy 43, Spencer, IN 47460-5954

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

Vilas Rd, Spencer, IN 47460

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

Vilas Rd, Spencer, IN 47460

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

State Hwy 43, Spencer, IN 47460

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

2333 State Hwy 43, Spencer, IN 47460-6862

$260,000
Estimated value
2.74 AC lot
View details

Spencer, IN Commercial Land Market Trends and Statistics

Explore 40 commercial land for sale in Spencer, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 965,638 square feet of properties for sale, with an estimated market value of $1,489,900.

Sale prices for commercial lots in Spencer, IN start at $57,500, averaging $248,316, and reaching up to $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 property segments ranked by active listings on the market

Residential land & home lots 14
Commercial land 6
Recreation land 5
Agricultural land / Farmland 3
Hunting 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 $248.3K

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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