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Commercial Land on Main Street
For Sale
$800,000

507 S Main, Sheridan, IN 46069

Land, Sheridan, IN

Property SizeContact for details
Lot Size0.45 Acres
Days on Market14

Property Features for 507 S Main

General Information

Property type Land
Property subtype Other
Zoning GB
Zoning description Commercial
Subdivision No Subdivision
Lot features Single Lot
Elementary school district Sheridan Community Schools
Middle school district Sheridan Community Schools
High school district Sheridan Community Schools
Directions GPS Friendly
Standard status Active
APN 290132307038000002
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Acreage .45, Section 32, Township 20, Range 3, Higbee Sec 2, Lot 2, 3 & Pt 1, Block 2, Vacated: Alley Way
Tax Annual Amount 3194
Legal Description Acreage .45, Section 32, Township 20, Range 3, Higbee Sec 2, Lot 2, 3 & Pt 1, Block 2, Vacated: Alley Way

Utilities

Sewer type Public Sewer
Listing Agency: WKRP Indy Real Estate
Listed By: Curtis Whitesell · License #RB14033093
Added: Sep 24 Last Checked: Oct 7 at 5:06AM
MLS# 22128029

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 0.45-acre commercial parcel at 507 S Main in Sheridan is cleared and surveyed. A clean environmental assessment has been completed, and public sewer service is listed for the property. The site is zoned GB.

The parcel is located on Main Street in Sheridan, Indiana, within Hamilton County.

Key Highlights

  • 0.45‑acre commercial parcel
  • GB zoning
  • Cleared and surveyed site

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office HVAC Service Nail Salon Furniture & Home Goods (Bike/Boat/Book/etc) Store Hair Salon

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

228
Businesses Nearby

Demographics for 46069, IN

7,012
Population
3,054
Households
2.3
Avg Household Size
42
Median Age
26%
College-Educated
93%
High-School Grad
88.4 sq mi
ZIP Area
79
Density / Sq Mi
$70,784
Median Household Income
$46,042
Median Earnings
$861
Median Rent
$243,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - The GB-zoned parcel has public sewer service and is cleared for development.
Where is this commercial land located?
The property is located at 507 S Main Sheridan, IN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 0.45‑acre commercial parcel; GB zoning; Cleared and surveyed site
More about this property
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