Listing Agency: Cushman & Wakefield - Indianapolis, Indiana

Listed By: Bo Leffel · License #IN Show Phone

Source: Crexi

Added: Apr 11 Changed: Sep 4 Last Checked: Sep 5 at 6:39PM

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Investment Insights

Based on property information with market context.

This offering is a commercial land parcel totaling 3 acres. It presents an opportunity for development, subject to applicable approvals and buyer planning needs.

The property is located at the intersection of Shady Lane and SR 56 in Petersburg, Indiana. The listing does not specify existing improvements or utilities.

Prospective buyers should review zoning, access, and site requirements during due diligence to confirm feasibility for their intended use.

Key Highlights

• 3‑acre land parcel available for commercial development
• Location near Shady Lane and SR 56

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Department Store

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

6

Businesses Nearby

Explore this area Business Placement

Demographics for 47567, IN

5,804

Population

2,750

Households

2.1

Avg Household Size

43

Median Age

17%

College-Educated

89%

High-School Grad

115.5 sq mi

ZIP Area

50

Density / Sq Mi

$64,890

Median Household Income

$45,378

Median Earnings

$643

Median Rent

$130,700

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this specialty properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Specialty property - 3-acre parcel available for commercial development near Shady Lane and SR 56.

Where is this specialty property located?

The property is located at Shady Lane & SR 56 Petersburg, IN.

What are key features of this property?

This property features: 3‑acre land parcel available for commercial development; Location near Shady Lane and SR 56