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Land Near Connersville Airport
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4300 Western Ave, Connersville, IN 47331

Large lot near airport with redevelopment potential.

Property SizeContact for details
Days on Market885

Property Features for 4300 Western Ave

General Information

Standard status Active
Property subtype Land
Zoning GB
Listing Agency: The Schueler Group
Listed By: Mark Langdon · License #OH SAL.2017004458
Source: Crexi
Added: Apr 11, 2024 Changed: Sep 5 Last Checked: Sep 11 at 5:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Schueler Group

Investment Insights

Based on property information with market context.

This commercial land is located just south of the Connersville Airport and nearby Ivy Tech Community College. It is immediately adjacent to the local Wal-Mart. The large lot offers redevelopment potential and the potential for motel conversion into multi-family housing. The property features frontage on a busy highway with good traffic counts and is located within a 2024 QCT Tract.

Key Highlights

  • Large lot for redevelopment.
  • Frontage on a busy highway with good traffic counts.
  • Potential motel conversion into multi‑family.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Law Firm Garden Center Locksmith Carpet & Flooring Store

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

79
Businesses Nearby

Demographics for 47331, IN

22,782
Population
10,625
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
86%
High-School Grad
191.6 sq mi
ZIP Area
119
Density / Sq Mi
$56,530
Median Household Income
$38,494
Median Earnings
$777
Median Rent
$115,300
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 - Large lot near airport with redevelopment potential.
Where is this commercial land located?
The property is located at 4300 Western Ave Connersville, IN.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Large lot for redevelopment.; Frontage on a busy highway with good traffic counts.; Potential motel conversion into multi‑family.
More about this property
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