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Commercial Land with Highway Access
For Sale
$3,060,000

397 W 250, Warsaw, IN 46582

LOTS AND LAND, Warsaw, IN

Property SizeContact for details
Lot Size10.00 Acres
Days on Market1762

Property Features for 397 W 250

General Information

Property type Land
Property subtype Other
Lot features Irregular, 10-14.999
Elementary school Harrison
Middle school Lakeview
High school Warsaw
Elementary school district Warsaw Community
Middle school district Warsaw Community
High school district Warsaw Community
Directions From downtown Warsaw, take SR 15 N to CR 250 N to signage before railroad tracks on right.
Subdivision Kosciusko County
Standard status Active
APN 43-07-32-200-079.000-017
Lot size 10.00 Acres

Taxes and HOA fees

Tax Year 51
Tax Description 028-128-003 Tr Se 32-33-6 5.46A
Tax Annual Amount 13764
Legal Description 028-128-003 Tr Se 32-33-6 5.46A
Listing Agency: Brian Peterson Real Estate
Listed By: Brian Peterson · License #RB14043309
Added: Nov 2, 2021 Changed: Aug 26 Last Checked: Aug 29 at 6:06PM
MLS# 202443294

Copyright © 2026 Kosciusko Board of Realtors MLS. 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 10-acre commercial land tract is positioned for future development in Warsaw, Indiana. The site is adjacent to a railroad and offers access to two highways, including US 30. Several large retail centers are located nearby, providing established commercial context for the property.

Key Highlights

  • 10‑acre commercial land tract
  • Adjacent to railroad
  • Access to two highways

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Skin Care Clinic Pet Grooming Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby

Demographics for 46582, IN

14,151
Population
7,064
Households
2
Avg Household Size
38
Median Age
35%
College-Educated
91%
High-School Grad
57.6 sq mi
ZIP Area
246
Density / Sq Mi
$67,161
Median Household Income
$43,031
Median Earnings
$1,085
Median Rent
$231,900
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land near large retail centers with railroad adjacency and access to two highways.
Where is this commercial land located?
The property is located at 397 W 250 Warsaw, IN.
What is the asking price?
The asking price for this property is $3,060,000.
What are key features of this property?
This property features: 10‑acre commercial land tract; Adjacent to railroad; Access to two highways
More about this property
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