Commercial

Underwood, IN Commercial Land for Sale

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Scottsburg, IN Marysville, IN Otisco, IN
Commercial Land in Clark County
Updated: Nov 24, 2025
Commercial Land in Clark County

22909 Hwy 31 S, Underwood, IN

$165,000
2.00 AC lot
2 Acres available in Clark County with commercial development potential
Electric and water are already on the property.
Natural gas available for your development needs.
Sewers are located nearby.
Suitable for a car lot.
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Underwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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 Land Development Site
Commercial Land Development Site

712 S Gardner Street, Scottsburg, IN 47170

$279,900
1.59 AC lot

1.59-acre commercial land parcel on a busy corridor in Scottsburg, IN, suited for a wide range of developments.

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Industrial Property Near Highway 56
Industrial Property Near Highway 56

343 S Railroad Street, Scottsburg, IN 47170

$462,550
2,400 sqft · 1.30 AC lot

Over 1.3 acres with building near Highway 56.

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Commercial Lot in Henryville Heart
Commercial Lot in Henryville Heart

109 Railroad Street, Henryville, IN 47126

$103,900
0.64 AC lot

0.64 acre commercial lot with garage in Henryville.

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Commercial Land Near Downtown Louisville
Commercial Land Near Downtown Louisville

Hwy 160 Lot Abc, Henryville, IN 47126

$800,000

Commercial land suitable for hotels, gas stations, or retail.

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Off-Market Properties in Underwood, IN

Consider similar Off-Market properties in Underwood, 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.

Campbell St
VACANT COMMERCIAL LAND

Campbell St, Underwood, IN 47177

Value Estimation by Request
3.09 AC lot
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Ww St
VACANT COMMERCIAL LAND

Ww St, Underwood, IN 47177

Value Estimation by Request
1.78 AC lot
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Underwood, IN Commercial Land Market Trends and Statistics

Explore 3 commercial land for sale in Underwood, 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 $165,000.

Sale prices for commercial lots in Underwood, IN start at $165,000, averaging $165,000, and reaching up to $165,000 — 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

Commercial land 1

Demographics Overview

Population 1,960
Population Growth (5Y) +79.5%
Median Household Income $75,993
College Educated 31.4%

Taxes & Financing

Tax Rate (average for all types) 1.52%
Property Tax per SF $38.05 per SF
Average Loan-to-Value 65.0%

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