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Location, type, price

Florence, IN Commercial Real Estate for Sale

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Patriot, IN Warsaw, KY Sanders, KY Vevay, IN Ghent, KY Sparta, KY Rising Sun, IN Union, KY

Hotel with Manager Apartment

Updated: May 28

Hotel with Manager Apartment

14845 STATE RD 156, Florence, IN 47020

Contact for pricing

19,542 sqft

41‑room hospitality property located directly across from Belterra Casino Resort on State Road 156 in Florence, IN
Approx. 19,542 sqft with 41 guest rooms plus a 1‑bedroom manager apartment with kitchen and living area
New metal roof installed in 2024
Sale includes substantially all FF&E, including beds, linens, appliances, computers, office equipment, and operational inventory used in the business

Whitetail Hunting Land

Updated: Oct 14

Whitetail Hunting Land

7711 Florence Hill Rd, Florence, IN 47020

$1,095,000

200 sqft

200.27 acres divided among three tracts: 80.6, 72.84, and 46.83 acres
4,200 feet of frontage on Florence Hill Road and 1,300 feet on Log Lick Road
Approximately 20 acres of tillable ground and an approximately 2‑acre mowed field
Multiple access points from two roads and an extensive trail network
Potential building locations along Florence Hill Road; Log Lick Road access lane lies within a floodplain

Commercial Land Near Golf Course

Commercial Land Near Golf Course

14849 Sr 156, Florence, IN 47020

$199,900

74,923 sqft

Commercially zoned parcel with an existing driveway and available site plan.

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

Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 Active listings in Florence, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 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.

Historic Multi-Level Office Building

Historic Multi-Level Office Building

102 W High St, Warsaw, KY 41095

$330,000

3,704 sqft

Three-level commercial layout includes multiple rooms and an adaptable upper-floor area in Warsaw’s business district.

Custom Farm with Equestrian Improvements

Custom Farm with Equestrian Improvements

875 Mosby Creek Rd, Sparta, KY 41086

$2,150,000

2,909 sqft

A 2023 custom residence anchors a working farm with barns, fenced acreage, ponds, and creek frontage.

Restaurant Kitchen with Outdoor Patio

Restaurant Kitchen with Outdoor Patio

404 Main Cross St, Warsaw, KY 41095

$45,000

246 sqft

Turnkey BBQ restaurant setup with chef’s kitchen, covered patio, smoker pavilion, and 2024 exterior upgrades.

304 Acres Near Kentucky Speedway

304 Acres Near Kentucky Speedway

KY-1039, Sparta, KY 41086

Contact for pricing

304.00 AC lot

304 acres of commercial land near Kentucky Speedway.

Off-Market Properties in Florence, IN

Consider similar Off-Market properties in Florence, 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.

5th St

HOTEL/MOTEL

5th St, Florence, IN 47020

Estimated value:

$220,000

432 sqft 0.87 AC lot

6732 Bud Ballard Rd

COMMERCIAL (GENERAL)

6732 Bud Ballard Rd, Florence, IN 47020-9513

Estimated value:

$310,000

7,200 sqft 1.25 AC lot

13182 State Rd 156

COMMERCIAL (GENERAL)

13182 State Rd 156, Florence, IN 47020-8603

Estimated value:

$465,000

882 sqft 93.49 AC lot

State Rd 156

VACANT COMMERCIAL LAND

State Rd 156, Florence, IN 47020

Estimated value:

$230,000

1.90 AC lot

13285 State Rd 156

CONVENIENCE STORE

13285 State Rd 156, Florence, IN 47020-8570

Estimated value:

$255,000

2,880 sqft 5.43 AC lot

14847 State Rd 156

COMMERCIAL (GENERAL)

14847 State Rd 156, Florence, IN 47020-9491

Estimated value:

$310,000

360 sqft 10.49 AC lot

12675 State Rd 156

STORAGE YARD, OPEN STORAGE

12675 State Rd 156, Florence, IN 47020-8564

Estimated value:

$470,000

34,124 sqft 3.06 AC lot

14608 State Rd 156

HOTEL

14608 State Rd 156, Florence, IN 47020-9488

Estimated value:

$860,000

9,000 sqft 250.22 AC lot

15436 State Rd 156

RETAIL STORES (PERSONAL SERVICES)

15436 State Rd 156, Florence, IN 47020

Estimated value:

$180,000

924 sqft 0.14 AC lot

12187 Markland Town Rd

THEATER (MOVIE)

12187 Markland Town Rd, Florence, IN 47020-9501

Estimated value:

$205,000

1,200 sqft 1.84 AC lot

6894 Log Lick Rd

R&D FACILITY, LABS, PHARMA

6894 Log Lick Rd, Florence, IN 47020-9694

Estimated value:

$365,000

2,232 sqft 17.55 AC lot

6747 Kevin Mcswain Rd

INDUSTRIAL (GENERAL)

6747 Kevin Mcswain Rd, Florence, IN 47020

Estimated value:

$305,000

7,200 sqft 56.21 AC lot

13268 Innovation Dr

MANUFACTURING (LIGHT)

13268 Innovation Dr, Florence, IN 47020-9530

Estimated value:

$640,000

29,400 sqft 10.87 AC lot

13395 Innovation Dr

MANUFACTURING (LIGHT)

13395 Innovation Dr, Florence, IN 47020-9531

Estimated value:

$310,000

10,000 sqft 3.06 AC lot

5th St

VACANT COMMERCIAL LAND

5th St, Florence, IN 47020

Estimated value:

$235,000

0.14 AC lot

6912 4th St

THEATER (MOVIE)

6912 4th St, Florence, IN 47020-9004

Estimated value:

$290,000

4,268 sqft 0.21 AC lot

Markland Dm

HEAVY INDUSTRIAL

Markland Dm, Florence, IN 47020

Estimated value:

$810,000

100 sqft

Florence, IN Commercial Real Estate Market Trends and Statistics

Explore 20 commercial real estate for sale in Florence, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 94,665 square feet of properties for sale, with an estimated market value of $1,294,900.

Sale prices for business properties in Florence, IN start at $199,900, averaging $647,450, and reaching up to $1,095,000 — 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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Demographics Overview

Population 1,164

Population Growth (5Y) -2.4%

Median Household Income $66,047

College Educated 7.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
47020	$199.9K

Taxes & Financing

Tax Rate (average for all types) 1.43%

Property Tax per SF $31.43 per SF

Tax Rate vs County Average 0.12 pp below county avg

Average Loan-to-Value 65.0%

How Realmo verifies these figures

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