Listing Agency: PlatLabs, LLC b***@gmail.com Show Phone

Listed By: Joel Hinckley · License #0727817 Show Phone

Source: Compass

Added: Feb 18 Changed: Aug 8 Last Checked: Mar 25 at 12:10PM

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Investment Insights

Based on property information with market context.

This vacant residential lot offers the opportunity to build your future home or pursue a long-term investment. The property includes approximately 0.5 acres with partially wooded terrain. Public water is available, and septic will be required for on-site wastewater.

Located at 5002 Highway 3 in Otisco, IN 47163, the lot is described as being in a desirable neighborhood with convenient access to shopping, dining, schools, and major highways, supporting easy connectivity to city amenities.

With its combination of wooded character and essential utilities information provided (public water available, septic required), the site offers flexibility for prospective buyers evaluating a buildable parcel in the area.

Key Highlights

• Vacant lot totaling approximately 0.5 acres with partially wooded terrain
• Public water available at the property
• Septic is required for development

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Food Market Farmer's Market Department 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

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Explore this area Business Placement

Demographics for 47163, IN

1,551

Population

543

Households

2.9

Avg Household Size

45

Median Age

6%

College-Educated

98%

High-School Grad

14.9 sq mi

ZIP Area

104

Density / Sq Mi

$62,717

Median Household Income

$37,035

Median Earnings

$182,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Vacant lot with partially wooded terrain and public water available, with septic required for development.

Where is this residential land & home lot located?

The property is located at 5002 Highway 3 Otisco, IN.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: Vacant lot totaling approximately 0.5 acres with partially wooded terrain; Public water available at the property; Septic is required for development