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    1530 Nowlin Ave Lawrenceburg, IN 47025

    Picture of Commercial land at Nowlin Ave 1530, Lawrenceburg, IN
    For Sale
    $680,000

    Multi Family Lot - Lawrenceburg, IN

    Lot size:
    8.21 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 1530 Nowlin Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    15-07-03-104-001.024-016
    Exterior features
    Other See Remarks
    Lot size
    8.21 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    See Remarks

    Lohmiller Real Estate (812) 584-6880 [email protected]

    Listing agent Andrew Lohmiller (812) 537-1023 License #RB14037175

    Listing date Nov 24, 2025

    MLS# 204899 Listing URL

    Copyright © 2025 Southeastern Indiana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lawrenceburg Multi-Family Development Opportunity

    This 8.21-acre property is platted for 36 additional condos within the existing Armitage Community. The site features developed ground, terraced with a retaining wall already in place, and is ready for the construction of additional condo buildings. The Armitage Community includes a clubhouse and a pond, offering a quiet residential environment. Current units in the community feature a garage and driveway. The property is located in Lawrenceburg, Indiana. Restructuring of the site plan is possible, depending on buyer preferences, and the site may be suitable for multi-family rentals. The zoning is commercial, allowing for a range of potential development options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceburg
    County
    Dearborn
    State
    Indiana
    Longitude
    -84.861742
    Latitude
    39.129607

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    FAQs

    What type of property is this?
    Commercial land - 8.21 acre lot for 36 condos in Armitage Community.
    Where is this commercial land located?
    The property is located at 1530 Nowlin Ave Lawrenceburg, IN.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: - Development-ready: **8.21 acres platted for 36 condos** with developed ground and retaining wall in place.; - Existing Community: Located within the established Armitage Community with a clubhouse and pond.; - Potential for Restructuring: Site plan can be restructured to suit buyer preferences.
    (812) 537-1023
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    1530 Nowlin Ave Lawrenceburg, IN 47025
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    Lawrenceburg, IN 47025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1530 Nowlin Ave Lawrenceburg, IN 47025
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