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Two Large Industrial Land Parcels
For Sale
$2,150,000

5000 N 275 W, Lebanon, IN 46052

Two industrial land parcels with convenient access to Interstate 65, positioned between Lafayette and Indianapolis.

Property SizeContact for details
Days on Market474

Property Features for 5000 N 275 W

General Information

Standard status Active
Property subtype Land

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Berkshire Hathaway Home
Listed By: Joel McWaters
Source: Exprealty
Added: May 5, 2025 Changed: Aug 20 Last Checked: Aug 21 at 12:30PM

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 Berkshire Hathaway Home

Investment Insights

Based on property information with market context.

Offered for sale are two large industrial land parcels, presented together for flexible site planning and development options. The listing is positioned as a convenient industrial land holding with a straightforward, multi-parcel configuration intended for future use.

The parcels are located for practical connectivity to Interstate 65 and are described as being halfway between Lafayette and Indianapolis. The property is noted as being north of the Trophy Golf Club and north of Eli Lilly’s L.E.A.P. district at the State Road 47 and I-65 exit.

This offering may fit buyers seeking land in an industrial setting with easy access to a major north-south interstate corridor. The combination of two sizeable parcels can be useful for investors and developers evaluating a phased approach or separate end uses, while the proximity to established commercial and life sciences activity provides a relevant nearby business context for industrial development planning.

Key Highlights

  • Two large industrial land parcels
  • Convenient access to Interstate 65
  • Located halfway between Lafayette and Indianapolis

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Auto Repair Shop

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

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

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
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Frequently Asked Questions

What type of property is this?
Industrial land - Two industrial land parcels with convenient access to Interstate 65, positioned between Lafayette and Indianapolis.
Where is this industrial land located?
The property is located at 5000 N 275 W Lebanon, IN.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Two large industrial land parcels; Convenient access to Interstate 65; Located halfway between Lafayette and Indianapolis
More about this property
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