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Industrial Land Near Interstate
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506-510 Crone Rd, Memphis, IN 47143

M1-zoned land with interstate visibility and an existing billboard lease.

Property SizeContact for details
Days on Market143

Property Features for 506-510 Crone Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: Baker commercial real estate
Listed By: Jim Baker, SIOR, CCIM · License #IN RB14028328
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:49AM

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 Baker commercial real estate

Investment Insights

Based on property information with market context.

This 4.931-acre industrial land site is zoned M1 for light manufacturing. The property includes an existing single-wide mobile home, which is assigned no value, and a billboard sign subject to an existing lease.

Positioned just south of Memphis near I-65 Exit 16, the site can be seen from the interstate. The address is 506-510 Crone Rd, Memphis, IN 47143.

Key Highlights

  • 4.931‑acre industrial land site
  • M1 - Light Manufacturing zoning
  • Visible from I‑65 near Exit 16

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Repair Shop Plumbing Service Bakery

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

59
Businesses Nearby

Demographics for 47143, IN

3,800
Population
1,300
Households
2.9
Avg Household Size
37
Median Age
30%
College-Educated
95%
High-School Grad
20.9 sq mi
ZIP Area
182
Density / Sq Mi
$133,147
Median Household Income
$58,673
Median Earnings
$1,650
Median Rent
$247,500
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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - M1-zoned land with interstate visibility and an existing billboard lease.
Where is this industrial land located?
The property is located at 506-510 Crone Rd Memphis, IN.
What are key features of this property?
This property features: 4.931‑acre industrial land site; M1 - Light Manufacturing zoning; Visible from I‑65 near Exit 16
More about this property
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