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C1 Commercial Land
For Sale
$325,000

3936 W State Road 47, Sheridan, IN 46069

Land, Sheridan, IN

Property SizeContact for details
Lot Size2.62 Acres
Days on Market3181

Property Features for 3936 W State Road 47

General Information

Property type Land
Property subtype Other
Zoning C1 Commercial
Zoning description Commercial
Subdivision No Subdivision
Lot features Undeveloped
Elementary school district Sheridan Community Schools
Middle school district Sheridan Community Schools
High school district Sheridan Community Schools
Directions SR 38 to Sheridan to SR 47 follow West approx 1 mile to land on north side of highway, see sign.
Standard status Active
APN 290131411001000002
Lot size 2.62 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description S31 T20 R03 Acreage
Tax Annual Amount 4118
Legal Description S31 T20 R03 Acreage

Utilities

Sewer type Public Sewer
Listing Agency: Carpenter, REALTORS(R)
Listed By: Paula Hardin
Added: Jan 31, 2018 Changed: Oct 8 Last Checked: Oct 17 at 4:06AM
MLS# 21544229

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.

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Investment Insights

Based on property information with market context.

This commercial land offering combines three parcels with a total land area of 2.62 acres. The tract includes two 1-acre lots and a third parcel measuring 0.62 acres, creating a multi-lot configuration along W State Road 47 in Sheridan, Indiana. Zoning is C1 Commercial, and public sewer is listed for the property.

The site is located across from an active strip mall and a large residential neighborhood, providing established commercial and residential surroundings. Its three-parcel layout and commercial zoning give the property a defined land-use framework for evaluation by buyers seeking land in the Sheridan area.

Key Highlights

  • 2.62‑acre commercial land offering comprising 3 lots
  • Parcel mix includes two 1‑acre lots and one 0.62‑acre lot
  • C1 Commercial zoning

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Hair Salon Spa & Massage Center Nail 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

80
Businesses Nearby

Demographics for 46069, IN

7,012
Population
3,054
Households
2.3
Avg Household Size
42
Median Age
26%
College-Educated
93%
High-School Grad
88.4 sq mi
ZIP Area
79
Density / Sq Mi
$70,784
Median Household Income
$46,042
Median Earnings
$861
Median Rent
$243,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Three adjoining parcels with C1 Commercial zoning and public sewer access along State Road 47.
Where is this commercial land located?
The property is located at 3936 W State Road 47 Sheridan, IN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2.62‑acre commercial land offering comprising 3 lots; Parcel mix includes two 1‑acre lots and one 0.62‑acre lot; C1 Commercial zoning
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