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Commercial Land with Existing Buildings
For Sale
$425,000

1632 S State Road 101, Dillsboro, IN 47018

Commercial Sale, Dillsboro, IN

Property SizeContact for details
Lot Size4.72 Acres
Days on Market451

Property Features for 1632 S State Road 101

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Washington
Standard status Active
APN 69-15-18-300-012.000-021
Lot size 4.72 Acres

Building Details

Year built 1945
Listing Agency: Lohmiller Real Estate
Listed By: Andrew Lohmiller · License #217844
Added: May 30, 2025 Changed: Aug 23 Last Checked: Aug 23 at 8:06PM
MLS# 205155

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 4.719-acre commercial land property includes three existing buildings with varied configurations. The first building contains two units totaling 1,287 square feet, with a residential apartment on the first floor and professional office space above. A second, single-story building measures 2,400 square feet and is suited to retail, office, or warehouse use, though it needs some work. The third building provides 784 square feet divided into 10 mini self-storage units with exterior access. All units are currently vacant, allowing future ownership to determine the operating configuration. The property was built in 1945, and the septic system needs replacement.

Located at 1632 S State Road 101 in Dillsboro, the site occupies the intersection of US 50 and SR 101, where the reported daily traffic count is 9,722. The adjacent .28 acres owned by the State of Indiana are excluded from the property.

Key Highlights

  • 4.719 acres at the intersection of US 50 and SR 101
  • Reported daily traffic count of 9,722
  • Three existing buildings totaling 4,471 square feet

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Garden Center

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

3
Businesses Nearby

Demographics for 47018, IN

4,273
Population
2,011
Households
2.1
Avg Household Size
45
Median Age
25%
College-Educated
88%
High-School Grad
74.6 sq mi
ZIP Area
57
Density / Sq Mi
$64,300
Median Household Income
$42,167
Median Earnings
$948
Median Rent
$190,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with three existing buildings offering office, retail, warehouse, and mini-storage configurations.
Where is this commercial land located?
The property is located at 1632 S State Road 101 Dillsboro, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 4.719 acres at the intersection of US 50 and SR 101; Reported daily traffic count of 9,722; Three existing buildings totaling 4,471 square feet
More about this property
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