Commercial Land with Pole
For Sale
$2,000,000
1651 E Us Highway 40, Greencastle, IN 46135
Commercial Sale, Greencastle, IN
Property SizeContact for details
Lot Size4.89 Acres
Days on Market1670
Property Features for 1651 E Us Highway 40
General Information
Property type
Residential
Property subtype
Retail
Zoning
commercial
Middle school
South Putnam Middle School
High school
South Putnam High School
Elementary school district
South Putnam Community Schools
Middle school district
South Putnam Community Schools
High school district
South Putnam Community Schools
Directions
Property sits at the North east corner of 231 and US Highway 40
Subdivision
6718 - Putnam - Warren
Standard status
Active
APN
671211102025000017
Lot size
4.89 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
PT W1/2 NE S11T13R4 2.95A, PT W1/2 NE S11T13R4 1.94A
Legal Description
PT W1/2 NE S11T13R4 2.95A, PT W1/2 NE S11T13R4 1.94A
Utilities
Utilities
Natural Gas Available
Building Details
Year built
1987
Listing Agency:
F.C. Tucker Advantage, REALTOR · Tucker Associates
(765) 653-8702
Listed By:
Mary Looper · License #RB14027759
(765) 719-0877
Added: Feb 14, 2022
Changed: Aug 28
Last Checked: Sep 11 at 12:06PM
MLS# 21837913
Copyright © 2026 Broker Listing Cooperative®. 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 4.89-acre commercial land offering comprises two parcels measuring 2.95 acres and 1.94 acres. Improvements include a 60-by-42-foot pole barn with a poured concrete floor, electric service, heat, and an overhead service door. The pole barn was built in 1987, and an additional older building on the property dates to 1960.
Access is provided by an entrance with a turning lane on US Highway 40, along with a separate entrance from US 231. The property is positioned at a corner and carries commercial zoning. Natural gas is available, adding another documented utility option for the site.
Access is provided by an entrance with a turning lane on US Highway 40, along with a separate entrance from US 231. The property is positioned at a corner and carries commercial zoning. Natural gas is available, adding another documented utility option for the site.
Key Highlights
- 4.89 acres across two parcels: 2.95A and 1.94 acres
- 60x42 pole barn with poured concrete floor, electric, heat, and an overhead service door
- Pole barn built in 1987; additional building built in 1960
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
2,147 visits/mo
0.0 miles
Demographics for 46135, IN
19,869
Population
7,148
Households
2.8
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
167.1 sq mi
ZIP Area
119
Density / Sq Mi
$70,847
Median Household Income
$33,314
Median Earnings
$902
Median Rent
$200,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercially zoned corner property with highway access, multiple structures, and natural gas availability.
Where is this commercial land located?
The property is located at 1651 E Us Highway 40 Greencastle, IN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 4.89 acres across two parcels: 2.95A and 1.94 acres; 60x42 pole barn with poured concrete floor, electric, heat, and an overhead service door; Pole barn built in 1987; additional building built in 1960
