Commercial Land with Pole
For Sale
$1,500,000
1651 E Us Highway 40, Greencastle, IN 46135
Commercial Sale, Greencastle, IN
Property SizeContact for details
Lot Size4.89 Acres
Days on Market1690
Property Features for 1651 E Us Highway 40
General Information
Property type
Commercial Sale
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
Tax Annual Amount
4194
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: Sep 29
Last Checked: Oct 1 at 8:06PM
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 property comprises two parcels of 2.95 acres and 1.94 acres. Improvements include a 60-by-42-foot pole barn with a poured concrete floor, electricity, heat, and a large overhead service door. The barn was built in 1987; an older building on the property dates to 1960.
The corner site has an entrance with a turning lane on US Highway 40 and a second entrance from US 231. Commercial zoning and natural gas availability are also noted.
The corner site has an entrance with a turning lane on US Highway 40 and a second entrance from US 231. Commercial zoning and natural gas availability are also noted.
Key Highlights
- Two parcels totaling 4.89 acres: 2.95 acres and 1.94 acres
- 60x42 pole barn with poured concrete floor, electricity, heat, and an overhead service door
- Pole barn built in 1987; older building built in 1960
Property Analytics
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Current Use
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 - A corner commercial parcel features an existing heated barn and access from two highways.
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 $1,500,000.
What are key features of this property?
This property features: Two parcels totaling 4.89 acres: 2.95 acres and 1.94 acres; 60x42 pole barn with poured concrete floor, electricity, heat, and an overhead service door; Pole barn built in 1987; older building built in 1960
