Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    State Road 350 Milan, IN 47031

    For Sale
    $179,900

    Commercial Lot - Milan, IN

    Lot size:
    5.52 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for State Road 350

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    69-09-13-400-016.000-010
    Lot size
    5.52 Acres

    Building Details

    Architectural style
    Other

    Huff Realty (812) 537-4663 [email protected]

    Listing agent F. Patrick Martini (812) 537-4663 License #RB14023601

    Listing date Oct 24, 2025

    MLS# 203022 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

    Commercial Land on State Road

    This commercial land offers numerous opportunities in a prime location with a traffic count exceeding 3,000 vehicles per day, according to INDOT's 2023 data. The property consists of approximately 5.524 acres, subject to survey, and features over 500 feet of road frontage on State Road 350. Zoned for local business by the Ripley County Planning & Zoning Department, the lot is situated next to Ripley Crossing Senior Living and is in close proximity to Subway, Hummel Insurance, St. Elizabeth & Margaret Mary Hospital Doctors Office, The Reservation Restaurant, gas stations, and banks. The property is located in Milan, Indiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Milan
    County
    Ripley
    State
    Indiana
    Longitude
    -85.136427
    Latitude
    39.134324

    Nearby Similar for Sale

    • $150,000
      0.50 Acres

      Historic Church with Commercial Potential

      Unique property in Milan, Indiana, suitable for various commercial uses.
      4938 N State Road 101, Milan, IN 47031
      View Details
    • $350,000
      2.62 Acres

      Milan Automotive Business Opportunity

      60' x 80' auto shop on 2.62 acres.
      7646 Mill Rd, Milan, IN 47031
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5+ acre commercial lot with high traffic count in Milan.
    Where is this commercial land located?
    The property is located at State Road 350 Milan, IN.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Prime location with high traffic count (over 3,000 vehicles/day in 2023).; - Zoned for local business.; - Over 500 ft of road frontage on SR 350.
    (812) 537-4663
    Request Owner's contact information
    State Road 350 Milan, IN 47031
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    State Road 350
    Milan, IN 47031
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    State Road 350 Milan, IN 47031
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.