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Rail-Adjacent Industrial Land

CR 59, Butler, IN 46721

For Sale
New
$110,000

Land, Butler, IN

Property SizeContact for details
Lot Size5.48 Acres
Days on Market5

Property Features for CR 59

General Information

Property type Land
Property subtype Other
Directions CR 59, Butler, IN 46721 Property is directly across the road from Air Products and Chemicals on CR 59, between State Road 8 and CR 44, Butler, IN 46721
Standard status Active
Lot size 5.48 Acres
Listing Agency: Schrader Real Estate and Auction Company, Inc.
Listed By: Steven Coil
Added: Nov 10 Changed: Nov 11 Last Checked: Nov 14 at 3:06AM
MLS# 12062894

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 5.48+/- acre industrial land parcel is mostly wooded and zoned Low-Intensity Industrial (I2). It has 50 feet of road frontage on County Road 59 and borders an active Norfolk Southern rail line.

The tract is across the road from Air Products and Chemicals and minutes from Steel Dynamics. It lies south of Butler and north of SR 8, with access to SR 8, Auburn, I-69, and the Ohio state line.

Key Highlights

  • 5.48+/- acres, mostly wooded
  • Low‑Intensity Industrial (I2) District zoning
  • 50 feet of frontage on County Road 59

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 46721, IN

4,907
Population
2,075
Households
2.4
Avg Household Size
39
Median Age
12%
College-Educated
89%
High-School Grad
78.5 sq mi
ZIP Area
63
Density / Sq Mi
$67,969
Median Household Income
$41,796
Median Earnings
$810
Median Rent
$124,300
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

Frequently Asked Questions

What type of property is this?
Industrial land - Mostly wooded acreage with I2 zoning and access from County Road 59.
Where is this industrial land located?
The property is located at CR 59 Butler, IN.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: 5.48+/- acres, mostly wooded; Low‑Intensity Industrial (I2) District zoning; 50 feet of frontage on County Road 59
Research This Page with AI

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Includes: Price & PSF · Cap rate · Location · Zoning

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