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    2040 Indianapolis Ave Lebanon, IN 46052

    For Sale
    $225,000

    Versatile commercial property with high visibility and convenient access.

    Lot size:
    0.86 Acres

    Property Features for 2040 Indianapolis Ave

    General Information

    Lot size
    0.86 Acres

    Source: Keller Williams Indianapolis Metro North Agent Jonathan Bell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Growing Community

    This commercial property is located in the growing community of Lebanon. The lot offers visibility from I-65 and convenient access to major roadways. The site is flat and build-ready, suited for a range of uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Spa & Massage Dental Office Hair Salon Auto Repair Shop Wholesale Shop Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Boone
    State
    Indiana
    Longitude
    -86.446689
    Latitude
    40.026167

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    FAQs

    What type of property is this?
    Commercial land - Versatile commercial property with high visibility and convenient access.
    Where is this commercial land located?
    The property is located at 2040 Indianapolis Ave Lebanon, IN.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Outstanding visibility from I-65; - Convenient access to major roadways; - Located in the growing community of Lebanon
    Request Owner's contact information
    2040 Indianapolis Ave 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
    2040 Indianapolis Ave Lebanon, IN 46052
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