Commercial Land with Road
For Sale
$800,000
886 West Franklin Street, Spencer, IN 47460
Commercial land with direct roadway exposure and signalized access near an established pharmacy.
Property Size157,077 SF
Price / SF$5.09
Days on Market1056
Property Features for 886 West Franklin Street
General Information
Standard status
Active
Size
157,077 SF
Property subtype
Lots & Lands / Commercial Land
Taxes and HOA fees
Annual Taxes
$4,662
Amenities
Yes
Paved
Listing Agency:
F.C. Tucker Company
Listed By:
Ashton Franklin · License #RB22001458
(812) 361-1797
Source:
Compass
Added: Oct 15, 2023
Changed: Sep 3
Last Checked: Aug 30 at 3:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of F.C. Tucker Company
Investment Insights
Based on property information with market context.
This commercial land parcel is located at 886 West Franklin Street in Spencer, Indiana. The site has direct frontage along US 231, identified in the property information as Morgan Street and State Road 46, providing a prominent connection to the surrounding road network.
Access is also available from a stoplight, while CVS Pharmacy is situated directly across from the property. These documented access and neighboring retail features provide clear physical context for evaluating future commercial development.
Access is also available from a stoplight, while CVS Pharmacy is situated directly across from the property. These documented access and neighboring retail features provide clear physical context for evaluating future commercial development.
Key Highlights
- Direct frontage on US 231 Morgan Street/State Road 46
- Signalized access provides entry to the property
- Located directly across from CVS Pharmacy
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
Explore this area
Business Placement
Demographics for 47460, IN
11,560
Population
5,045
Households
2.3
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
150.5 sq mi
ZIP Area
77
Density / Sq Mi
$67,688
Median Household Income
$42,113
Median Earnings
$888
Median Rent
$177,600
Median Home Value
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 - Commercial land with direct roadway exposure and signalized access near an established pharmacy.
Where is this commercial land located?
The property is located at 886 West Franklin Street Spencer, IN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Direct frontage on US 231 Morgan Street/State Road 46; Signalized access provides entry to the property; Located directly across from CVS Pharmacy
