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    3515/3555 Indianapolis Rd Lebanon, IN 46052

    Sponsored
    For Sale
    $1,452,500

    Prime 11.62 Acres Near I-65

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 11.62-acre commercial land parcel presents a significant investment opportunity in Lebanon, Indiana. Strategically located with convenient access to Interstate 65, this property offers unparalleled connectivity to both Indianapolis and Lafayette, ensuring high visibility and accessibility for a wide range of commercial ventures. The expansive acreage provides ample space for development, accommodating various project scales and types. Its prime location makes it ideal for businesses seeking a strong presence in a rapidly growing area. The property's size and location offer significant potential for future appreciation, making it an attractive option for both short-term and long-term investors. The absence of existing structures allows for complete design flexibility, enabling the creation of a custom-built facility tailored to specific business needs. This presents a unique chance to build a landmark commercial property in a thriving Indiana community. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel offers. The property is ready for immediate development, presenting a rare opportunity to capitalize on its strategic location and substantial size. This is a blank canvas for a visionary developer seeking to establish a significant presence in a high-growth market. The property's potential is limited only by the imagination of the buyer.

    Property Features for 3515/3555 Indianapolis Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    506,167 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Wholesale Shop Building Supply Auto Repair Shop Clothing Store Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Boone
    State
    Indiana
    Longitude
    -86.4651
    Latitude
    40.0423

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 11.62 Acres Near I-65
    Where is this commercial real estate located?
    The property is located at 3515/3555 Indianapolis Rd Lebanon, IN.
    What is the asking price?
    The asking price for this property is $1,452,500.
    (765) 481-8388
    Request Owner's contact information
    3515/3555 Indianapolis Rd Lebanon, IN 46052
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    Lebanon, IN 46052
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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
    3515/3555 Indianapolis Rd Lebanon, IN 46052
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