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Rensselaer Vacant Land Opportunity
For Sale
$130,000

3197 W Clark Street, Rensselaer, IN 47978

LAND - Rensselaer, IN

Property SizeContact for details
Lot Size3.04 Acres
Days on Market103

Property Features for 3197 W Clark Street

General Information

Property type Land
Property subtype Other
Directions West of Rensselaer on State Road 114 to Property on the south side of the road just passed the fairgrounds
Standard status Active
APN 370626000006000027
Lot size 3.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PT W 1/2 NE 26 29 7, 3.039A (236' X 560.85')
Tax Annual Amount 240
Legal Description PT W 1/2 NE 26 29 7, 3.039A (236' X 560.85')

Utilities

Utilities Water Available
Listing Agency: Cornerstone Real Estate Agency
Listed By: Terri Phegley · License #RB14016585
Added: May 11 Changed: May 13 Last Checked: Aug 21 at 4:06AM
MLS# 838664

Copyright © 2026 Greater Northwest Indiana Association 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 is a 3.039-acre vacant land parcel zoned B2. It is located on W State Road 114 between Rensselaer and the I-65 interchange. The property offers high traffic exposure, excellent visibility, and accessibility. It is positioned near a key travel corridor, providing convenient access for local and interstate traffic. The property is suitable for retail, service business, office space, and future development. Concrete bunkers and all product will be removed from the acreage.

Key Highlights

  • Prime commercial opportunity on 3.039 acres.
  • Zoned B2 for a variety of business ventures.
  • Excellent visibility and accessibility on W State Road 114.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Big Box & Wholesale Store Garden Center Hair Salon

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

18
Businesses Nearby

Demographics for 47978, IN

10,815
Population
4,355
Households
2.5
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
263.7 sq mi
ZIP Area
41
Density / Sq Mi
$71,359
Median Household Income
$35,486
Median Earnings
$867
Median Rent
$180,900
Median Home Value
Rey
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 - 3.039 acres of commercially zoned land in Rensselaer, Indiana.
Where is this commercial land located?
The property is located at 3197 W Clark Street Rensselaer, IN.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Prime commercial opportunity on 3.039 acres.; Zoned B2 for a variety of business ventures.; Excellent visibility and accessibility on W State Road 114.
More about this property
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