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Commercial Land Parcel with Steel Building
For Sale
$500,000

6155 E State Road 56, Salem, IN 47167

COMMERCIAL - Salem, IN

Property SizeContact for details
Lot Size8.44 Acres
Days on Market134

Property Features for 6155 E State Road 56

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Directions GPS Friendly
Subdivision Washington County
Standard status Active
APN 88-35-31-000-019.000-005
Lot size 8.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 09-31-400-019.000-03 PT SE 31-3-5 3.42ac & 09-31-400-018.000-03 PT SE 31-3-5 3.748ac & 09-32-300-008.000-03 S PT SW 32-3-5 1.270ac
Tax Annual Amount 5739
Legal Description 09-31-400-019.000-03 PT SE 31-3-5 3.42ac & 09-31-400-018.000-03 PT SE 31-3-5 3.748ac & 09-32-300-008.000-03 S PT SW 32-3-5 1.270ac

Building Details

Year built 1985
Roof type Metal
Listing Agency: Mainstreet Realtors
Listed By: Mary McCoskey Finkle · License #RB14026176
Added: Apr 8 Changed: Aug 4 Last Checked: Aug 19 at 4:06PM
MLS# 202611950

Copyright © 2026 Bedford Board of Realtors. 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 property is centered on its commercial land value and includes almost 8.5 acres across 3 parcels. A steel building on-site was damaged by fire; the seller notes that only about half may be salvageable. The building is not safe to enter, so showings should not involve entering the structure.

The site is located right on a heavily traveled State Road between Salem and Scottsburg, providing direct road access and high visibility to passing traffic.

Because the offering is primarily land-focused, buyers should plan accordingly and verify site conditions during their visit.

Key Highlights

  • Almost 8.5‑acre property on a heavily traveled State Rd between Salem and Scottsburg
  • Includes 3 parcels
  • Metal roof

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Garden Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 47167, IN

15,683
Population
6,547
Households
2.4
Avg Household Size
42
Median Age
14%
College-Educated
88%
High-School Grad
213.0 sq mi
ZIP Area
74
Density / Sq Mi
$57,697
Median Household Income
$38,038
Median Earnings
$726
Median Rent
$161,500
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land value-focused multi-parcel offering with a fire-damaged steel building; please do not enter the structure.
Where is this commercial land located?
The property is located at 6155 E State Road 56 Salem, IN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Almost 8.5‑acre property on a heavily traveled State Rd between Salem and Scottsburg; Includes 3 parcels; Metal roof
More about this property
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