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Industrial Land Near Retail Anchors
For Sale
$57,500

1.54 ac 5th Avenue, Spencer, IN 47460

Land, Spencer, IN

Property SizeContact for details
Lot Size1.54 Acres
Days on Market47

Property Features for 1.54 ac 5th Avenue

General Information

Property type Land
Property subtype Other
Zoning BLM
Subdivision No Subdivision
Elementary school Spencer Elementary School
Middle school Owen Valley Middle School
High school Owen Valley Community High School
Elementary school district Spencer-Owen Community Schools
Middle school district Spencer-Owen Community Schools
High school district Spencer-Owen Community Schools
Directions GPS Friendly
Standard status Active
APN 601020300400166028
Lot size 1.54 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description In W 1/2 Sw S20 T10 R3 1.54A
Legal Description In W 1/2 Sw S20 T10 R3 1.54A

Utilities

Sewer type Public Sewer
Listing Agency: RE/MAX Select Associates, Inc. · RE/MAX International
Listed By: Christopher Wesley · License #RB14024437
Added: Aug 4 Changed: Aug 28 Last Checked: Sep 19 at 11:06PM
MLS# 22118229

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 1.54-acre industrial land parcel is located on 5th Avenue at the west end of Spencer, Indiana. The property has access to public sewer and is positioned beside Wendy's and O'Reilly Auto Parts, providing an established commercial setting for future site planning.

The parcel is identified in Spencer, IN 47460, within Owen County. Its location near recognizable retail operators places the land within an active commercial corridor and supports consideration for industrial or other commercial site development consistent with applicable requirements.

Key Highlights

  • 1.54‑acre industrial land parcel
  • Public Sewer available
  • Located on 5th Avenue in Spencer, IN 47460

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby

Demographics for 47460, IN

11,560
Population
5,045
Households
2.3
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
150.5 sq mi
ZIP Area
77
Density / Sq Mi
$67,688
Median Household Income
$42,113
Median Earnings
$888
Median Rent
$177,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - A commercial parcel on 5th Avenue with public sewer and established retail neighbors.
Where is this industrial land located?
The property is located at 1.54 ac 5th Avenue Spencer, IN.
What is the asking price?
The asking price for this property is $57,500.
What are key features of this property?
This property features: 1.54‑acre industrial land parcel; Public Sewer available; Located on 5th Avenue in Spencer, IN 47460
More about this property
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