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Corner Development Land
For Sale
$797,000

W 50 S, Princeton, IN 47670

LAND - Princeton, IN

Property SizeContact for details
Lot Size2.00 Acres
Days on Market908

Property Features for W 50 S

General Information

Property type Land
Property subtype Other
Lot features Corner, Undeveloped, 0-2.9999
Elementary school Princeton
Middle school Princeton
High school Princeton
Elementary school district North Gibson School Corp.
Middle school district North Gibson School Corp.
High school district North Gibson School Corp.
Directions north west corner of Hwy 41 and CR 50S
Subdivision Gibson County
Standard status Active
APN 26-11-11-400-004.029-028
Lot size 2.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PT SE 11 2 11
Legal Description PT SE 11 2 11
Listing Agency: RE/MAX REVOLUTION · RE/MAX International
Listed By: Tim Mason · License #RB14024551
Added: Feb 23, 2024 Changed: Jul 6 Last Checked: Aug 19 at 1:06AM
MLS# 202405732

Copyright © 2026 Southwest 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 offering includes a 2-acre corner commercial development site in Princeton, Indiana. The property is located at the intersection of CR 50 S and Highway 41 and is being marketed as a platted land package suitable for commercial use. City water and sewer are available to support development, and the seller also lists two additional platted lots that may be purchased with the site.

In addition to the 2-acre corner parcel, there are two other lots available as part of the broader plat. Lot #2 is 4.19 acres, and Lot #3 is 1.17 acres. The property’s location at an intersection provides straightforward site orientation for commercial plans that benefit from corner positioning.

For buyers looking to acquire land for a commercial project, this assemblage offers an option to proceed with the 2-acre corner parcel or expand through the inclusion of the additional platted lots. The availability of city water and sewer is a practical factor for development planning, while the multiple lot sizes can help accommodate different layout needs depending on the buyer’s concept.

Key Highlights

  • 2‑acre commercial development site at the intersection of CR 50 S and Highway 41 in Princeton
  • Corner location with City water and sewer available
  • Two additional platted lots available for purchase: Lot #2 (4.19 acres) and Lot #3 (1.17 acres)

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Hair Salon Spa & Massage Center

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby

Demographics for 47670, IN

11,934
Population
5,440
Households
2.2
Avg Household Size
41
Median Age
13%
College-Educated
89%
High-School Grad
82.0 sq mi
ZIP Area
146
Density / Sq Mi
$65,873
Median Household Income
$36,957
Median Earnings
$959
Median Rent
$140,400
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 - Corner commercial land with city water and sewer available, plus additional platted lots for flexible site planning.
Where is this commercial land located?
The property is located at W 50 S Princeton, IN.
What is the asking price?
The asking price for this property is $797,000.
What are key features of this property?
This property features: 2‑acre commercial development site at the intersection of CR 50 S and Highway 41 in Princeton; Corner location with City water and sewer available; Two additional platted lots available for purchase: Lot #2 (4.19 acres) and Lot #3 (1.17 acres)
More about this property
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