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Commercial Land with Public Sewer
New
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 Market2

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 Last Checked: Aug 5 at 10:06AM
MLS# 22118229

Copyright © 2026 MIBOR Service Corporation. 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 commercial land parcel is located on 5th Avenue in Spencer, Indiana. The site is positioned at the west end of the community and has public sewer service, providing an established utility connection for future commercial planning.

The parcel is adjacent to Wendy’s and O’Reilly Auto Parts, placing it alongside recognized retail users. Its setting near existing commercial activity supports consideration for retail, service, or light industrial uses, subject to applicable approvals and site requirements.

Key Highlights

  • 1.54‑acre commercial land parcel
  • Public sewer service available
  • Located on 5th Avenue in Spencer, IN 47460

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

195
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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial parcel near Wendy’s and O’Reilly Auto Parts with public sewer service and access from 5th Avenue.
Where is this commercial 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 commercial land parcel; Public sewer service available; Located on 5th Avenue in Spencer, IN 47460
More about this property
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