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Prime Commercial Land in Milan
For Sale
$179,900

State Road 350, Milan, IN 47031

Land, Milan, IN

Property SizeContact for details
Lot Size5.52 Acres
Days on Market834

Property Features for State Road 350

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Subdivision Covell Mills Maxine Gall Charl
Elementary school Milan Elementary
High school Milan High School
Elementary school district Milan Community
Middle school district Milan Community
High school district Milan Community
Standard status Active
APN 69-09-13-400-016.000-010
Lot size 5.52 Acres
Listing Agency: Huff Realty Indiana
Listed By: F. Patrick Martini · License #RB14023601
Added: May 14, 2024 Changed: Aug 19 Last Checked: Aug 25 at 7:06AM
MLS# 203022

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This commercial land offers numerous opportunities in a prime location with a traffic count exceeding 3,000 vehicles per day, according to INDOT data from 2023. The property consists of 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 land 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. Additional land is available.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

Demographics for 47031, IN

5,200
Population
2,036
Households
2.6
Avg Household Size
44
Median Age
17%
College-Educated
88%
High-School Grad
63.4 sq mi
ZIP Area
82
Density / Sq Mi
$67,520
Median Household Income
$33,125
Median Earnings
$939
Median Rent
$188,800
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 5+ acre commercial land with high traffic and road frontage.
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.
More about this property
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