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Former School Campus with Gymnasium
For Sale
$785,000

9387 SR 48, Aurora, IN 47001

Commercial Sale, Aurora, IN

Property SizeContact for details
Lot Size15.64 Acres
Days on Market244

Property Features for 9387 SR 48

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Manchester
Standard status Active
APN 15-05-33-900-048.000-019
Lot size 15.64 Acres

Building Details

Year built 1985
Listing Agency: Keller Williams Realty Services
Listed By: Blake Haag · License #RB20000760
Added: Jan 11 Changed: Aug 26 Last Checked: Sep 12 at 4:06AM
MLS# 206625

Copyright © 2026 Southeastern Indiana 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 former school campus in Aurora, Indiana, occupies 15.64 acres and includes nearly 50,000 square feet under roof. Built in 1985, the property contains more than 20 segregated classrooms, a 60-foot by 80-foot gymnasium, and a 50-foot by 70-foot by 10-foot pole barn positioned at the rear. The existing improvements provide a substantial physical base for redevelopment or adaptive reuse.

The site offers approximately 1,300 feet of road frontage with access from three separate roadways. Infrastructure includes 3-phase electric service and an onsite generator. The property is less than 20 minutes from Interstate 74 and approximately 35 minutes from Cincinnati Northern Kentucky International Airport.

Key Highlights

  • 15.64‑acre former school campus with nearly 50,000 SF under roof
  • Approximately 1,300 feet of road frontage with access from 3 separate roadways
  • 60' x 80' gymnasium and over 20 segregated classrooms

Property Analytics

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Current Use

Schools

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 47001, IN

10,208
Population
4,529
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
92%
High-School Grad
76.2 sq mi
ZIP Area
134
Density / Sq Mi
$72,560
Median Household Income
$42,146
Median Earnings
$848
Median Rent
$190,300
Median Home Value
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Frequently Asked Questions

What type of property is this?
School - Former educational campus with classroom areas, a gymnasium, utility infrastructure, and an accessory pole barn.
Where is this school located?
The property is located at 9387 SR 48 Aurora, IN.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: 15.64‑acre former school campus with nearly 50,000 SF under roof; Approximately 1,300 feet of road frontage with access from 3 separate roadways; 60' x 80' gymnasium and over 20 segregated classrooms
More about this property
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