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57-Acre Industrial Land
For Sale
$6,200,000

4755 N 275 W, Lebanon, IN 46052

Land, Lebanon, IN

Property SizeContact for details
Lot Size57.00 Acres
Days on Market143

Property Features for 4755 N 275 W

General Information

Property type Land
Property subtype Other
Zoning Agricultural
Subdivision No Subdivision
Elementary school district Western Boone Co Com Sch Dist
Middle school district Western Boone Co Com Sch Dist
High school district Western Boone Co Com Sch Dist
Directions GPS Friendly
Standard status Active
APN 061010000019000017
Lot size 57.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Pt Ne 10-19-1W 71.92
Legal Description Pt Ne 10-19-1W 71.92

Utilities

Sewer type Public Sewer
Listing Agency: CENTURY 21 Scheetz · Century 21 Real Estate
Listed By: Scott Schuler · License #RB19000358
Added: May 7 Changed: Sep 1 Last Checked: Sep 26 at 5:06AM
MLS# 22100692

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.

Investment Insights

Based on property information with market context.

This 57-acre tract is classified as industrial land and carries Agricultural zoning. The property is identified for potential large-scale industrial, logistics, life sciences, or commercial development, with Public Sewer listed among its available infrastructure. Its substantial acreage provides a broad development footprint for a range of commercial or employment-oriented plans.

The site is located at 4755 N 275 W in Lebanon, Indiana, within Boone County. It lies immediately north of the Eli Lilly manufacturing and research complex and along the I65 corridor, providing interstate access and proximity to that major employment campus. The property is also situated near infrastructure and utility expansion associated with the surrounding development.

Key Highlights

  • 57 acres in Boone County, Indiana
  • Agricultural zoning
  • Immediately north of the Eli Lilly manufacturing and research complex

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Mobile Phone Store Electronics & Wireless 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 46052, IN

22,783
Population
9,935
Households
2.3
Avg Household Size
41
Median Age
26%
College-Educated
90%
High-School Grad
177.6 sq mi
ZIP Area
128
Density / Sq Mi
$66,828
Median Household Income
$43,933
Median Earnings
$911
Median Rent
$200,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Industrial land - Agricultural-zoned land positioned for large-scale industrial, logistics, life sciences, or commercial development.
Where is this industrial land located?
The property is located at 4755 N 275 W Lebanon, IN.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: 57 acres in Boone County, Indiana; Agricultural zoning; Immediately north of the Eli Lilly manufacturing and research complex
More about this property
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