Lapel, IN Commercial Real Estate for Sale

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Noblesville, IN Anderson, IN Pendleton, IN
Development Land with Highway Frontage
Updated: Nov 24, 2025
Development Land with Highway Frontage

IN Hwy 13 & 38, Lapel, IN 46051

$11,497,660
148.88 AC lot
148+ acre land parcel in Madison County, Indiana, with development, agriculture, or recreational use potential.
Road frontage along Highway 13 (2,200+ ft) and Highway 38 (1,700+ ft).
Fall Creek sewer access just across Highway 13.
Water supply located less than 1/4 mile from the property.
Zoned under the jurisdiction of the Town of Lapel.
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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Lapel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 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.

Agricultural Development Land
Agricultural Development Land

16550 E 156th Street, Noblesville, IN 46060

$1,798,000
25.69 AC lot

Vacant land zoned agricultural in Hamilton County, positioned near major retail and planned corridor improvements.

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97.94 Acres Development Land Opportunity
97.94 Acres Development Land Opportunity

14380 Prairie Baptist Rd, Noblesville, IN 46060

$6,855,800

Development land in Innovation Mile District, Noblesville, Indiana.

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Prime Land Along 146th Street
Prime Land Along 146th Street

9698 700 S, Pendleton, IN

$3,750,000
50.00 AC lot

50 acres of land with future growth potential.

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Development Site in Madison County
Development Site in Madison County

0 West 700 South, Pendleton, IN 46064

$4,440,000

Pro-growth location with quick access to I-69 and Indianapolis.

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Off-Market Properties in Lapel, IN

Consider similar Off-Market properties in Lapel, 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.

1700 Main St
CONVENIENCE STORE

1700 Main St, Lapel, IN 46051-9670

Value Estimation by Request
2,869 sqft · 3.40 AC lot
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201 Pendleton Ave
RETAIL STORES (PERSONAL SERVICES)

201 Pendleton Ave, Lapel, IN 46051-5546

Value Estimation by Request
566 sqft · 0.07 AC lot
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1017 Main St
COMMERCIAL (GENERAL)

1017 Main St, Lapel, IN 46051

$985,000
Estimated value
8,700 sqft · 0.20 AC lot
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825 Main St
OFFICE (GENERAL)

825 Main St, Lapel, IN 46051-9609

Value Estimation by Request
2,232 sqft · 0.03 AC lot
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520 11th St
OFFICE (GENERAL)

520 11th St, Lapel, IN 46051-5586

Value Estimation by Request
1,664 sqft · 0.11 AC lot
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904 Woodward St
MINI-WAREHOUSE, STORAGE

904 Woodward St, Lapel, IN 46051

Value Estimation by Request
4,305 sqft · 0.21 AC lot
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806 Woodward St
RETAIL STORES (PERSONAL SERVICES)

806 Woodward St, Lapel, IN 46051-5564

Value Estimation by Request
2,988 sqft · 0.14 AC lot
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1260 Vine St
COMMERCIAL (GENERAL)

1260 Vine St, Lapel, IN 46051-9648

Value Estimation by Request
450 sqft · 10.00 AC lot
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9005 State Rd 32
MINI-WAREHOUSE, STORAGE

9005 State Rd 32, Lapel, IN 46051-9658

Value Estimation by Request
6,600 sqft · 1.02 AC lot
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1321 Main St
RETAIL STORES (PERSONAL SERVICES)

1321 Main St, Lapel, IN 46051-9673

Value Estimation by Request
1,712 sqft · 0.40 AC lot
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706 Main St
RETAIL STORES (PERSONAL SERVICES)

706 Main St, Lapel, IN 46051

Value Estimation by Request
11,088 sqft · 0.19 AC lot
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21 9th St
COMMERCIAL (GENERAL)

21 9th St, Lapel, IN 46051-9400

Value Estimation by Request
4,867 sqft · 0.05 AC lot
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9th St
COMMERCIAL (GENERAL)

9th St, Lapel, IN 46051

Value Estimation by Request
0.11 AC lot
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210 9th St
MINI-WAREHOUSE, STORAGE

210 9th St, Lapel, IN 46051-5524

Value Estimation by Request
1,536 sqft · 0.10 AC lot
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310 11th St
PARKING GARAGE, PARKING STRUCTURE

310 11th St, Lapel, IN 46051-9771

Value Estimation by Request
3,330 sqft · 0.14 AC lot
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1020 Main St
RESTAURANT

1020 Main St, Lapel, IN 46051-9773

Value Estimation by Request
2,580 sqft · 0.20 AC lot
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1028 Main St
VACANT COMMERCIAL LAND

1028 Main St, Lapel, IN 46051-9773

Value Estimation by Request
1,933 sqft · 0.22 AC lot
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1010 Main St
FUNERAL HOME

1010 Main St, Lapel, IN 46051-9773

Value Estimation by Request
9,150 sqft · 0.19 AC lot
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631 Main St
OFFICE (GENERAL)

631 Main St, Lapel, IN 46051-5542

Value Estimation by Request
3,190 sqft · 0.02 AC lot
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Brookside Rd
STORAGE YARD, OPEN STORAGE

Brookside Rd, Lapel, IN 46051

Value Estimation by Request
2,048 sqft · 17.99 AC lot
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Lapel, IN 46051
RETAIL STORES (PERSONAL SERVICES)

Lapel, IN 46051

Value Estimation by Request
1,416 sqft · 11.60 AC lot
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226 Pendleton Ave
RETAIL STORES (PERSONAL SERVICES)

226 Pendleton Ave, Lapel, IN 46051-5546

Value Estimation by Request
1,770 sqft · 0.13 AC lot
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1520 Main St
OFFICE (GENERAL)

1520 Main St, Lapel, IN 46051-9686

$3,330,000
Estimated value
473 sqft · 1.83 AC lot
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Lapel, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Lapel, 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 $11,497,660.

Sale prices for business properties in Lapel, IN start at $11,497,660, averaging $11,497,660, and reaching up to $11,497,660 — 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 2,857
Population Growth (5Y) +3.7%
Median Household Income $77,411
College Educated 38.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46051 $11.5M

Taxes & Financing

Tax Rate (average for all types) 2.64%
Property Tax per SF $37.55 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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