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29.18 Acres Vacant Land, Peru
For Sale
$499,000

1551 N Matador St, Peru, IN 46970

LAND - Peru, IN

Property SizeContact for details
Lot Size29.18 Acres
Days on Market205

Property Features for 1551 N Matador St

General Information

Property type Land
Property subtype Other
Directions PROPERTY LOCATION 1551 N Matador St, Peru, IN 46970
Standard status Active
Lot size 29.18 Acres
Listing Agency: Schrader Real Estate and Auction Company, Inc.
Listed By: Luke Schrader
Added: Jan 30 Changed: Aug 3 Last Checked: Aug 23 at 5:06AM
MLS# 11639991

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering features 29.18 acres of vacant land with development possibilities. The property includes existing streets and roads, nearby utilities, and B3 zoning. It is located in close proximity to Grissom Air Force Base. The property is located at 1551 N Matador St, Peru, IN 46970.

Key Highlights

  • Large acreage: 29.18 acres
  • B3 Zoning: Versatile development possibilities
  • Existing streets and roads

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby

Demographics for 46970, IN

23,317
Population
10,177
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
88%
High-School Grad
179.9 sq mi
ZIP Area
130
Density / Sq Mi
$56,722
Median Household Income
$34,895
Median Earnings
$822
Median Rent
$111,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 29.18 acres of B3 zoned land with development potential.
Where is this commercial land located?
The property is located at 1551 N Matador St Peru, IN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Large acreage: 29.18 acres; B3 Zoning: Versatile development possibilities; Existing streets and roads
More about this property
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