Search
Commercial Land Near Downtown
For Sale
$1,275,000

610 W South St, Lebanon, IN 46052

Utilities are at the site, with direct access to SR 32 and convenient connections to I-65.

Property SizeContact for details
Days on Market199

Property Features for 610 W South St

General Information

Standard status Active
Property subtype VacantLand
Listing Agency: SVN | Northern Commercial
Listed By: Corey Frasier · License ##RB18001405
Source: Commercialcafe
Added: Apr 1 Changed: Oct 11 Last Checked: Oct 16 at 6:17AM

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 SVN | Northern Commercial

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This commercial land parcel is positioned just west of Downtown Lebanon, with all utilities available at the site. Its location and stated user profile support consideration for retail or a mixed-use retail and residential concept.

SR 32 borders the property along the south side and provides access toward I-65 and the LEAP District. Downtown Lebanon is reachable on foot via the Big 4 Trail. Preliminary discussions with the City of Lebanon indicate the site could accommodate up to 50 residential units within a four-story building, subject to applicable approvals. The broader area includes the nearly 9,000-acre LEAP District, with Eli Lilly’s Medicine Foundry under construction and a proposed Meta facility advancing through permitting on 1,500 acres.

Key Highlights

  • Commercial land just west of Downtown Lebanon at 610 W South St
  • All utilities are at the site
  • SR 32 borders the property on the south and connects to I‑65 and the LEAP District

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Barber Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store Skin Care Clinic Kitchen & Bath Showroom

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

615
Businesses Nearby

Demographics for 46052, IN

22,783
Population
9,935
Households
2.3
Avg Household Size
41
Median Age
26%
College-Educated
90%
High-School Grad
177.6 sq mi
ZIP Area
128
Density / Sq Mi
$66,828
Median Household Income
$43,933
Median Earnings
$911
Median Rent
$200,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Commercial land - Utilities are at the site, with direct access to SR 32 and convenient connections to I-65.
Where is this commercial land located?
The property is located at 610 W South St Lebanon, IN.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Commercial land just west of Downtown Lebanon at 610 W South St; All utilities are at the site; SR 32 borders the property on the south and connects to I‑65 and the LEAP District
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again