Prime Commercial Lot in
For Sale
$209,000
State Rd 101 lot 1, Milan, IN 47031
COMMERCIAL - Milan, IN
Lot Size1.12 Acres
Days on Market195
Property Features for State Rd 101 lot 1
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business
Subdivision
Elliott Sub
Elementary school
Milan Elementary
High school
Milan High School
Elementary school district
Milan Community
Middle school district
Milan Community
High school district
Milan Community
Standard status
Active
APN
690819222006000010
Lot size
1.12 Acres
Utilities
Sewer type
Public Sewer
Listing Agency:
Lohmiller Real Estate
(812) 537-1023
Listed By:
Garrett Rollins · License #RB24002152
(812) 584-6880
Added: Jan 16
Changed: May 14
Last Checked: Jul 30 at 9:06PM
MLS# 206716
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 1.12-acre commercial lot is located in Milan, Indiana. Situated between a convenience store and a major dollar store chain, the property benefits from high visibility and traffic flow. The surrounding area features active local businesses. The property is zoned for business and is suitable for retail, office, or service-based use.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 47031, IN
5,200
Population
2,036
Households
2.6
Avg Household Size
44
Median Age
17%
College-Educated
88%
High-School Grad
63.4 sq mi
ZIP Area
82
Density / Sq Mi
$67,520
Median Household Income
$33,125
Median Earnings
$939
Median Rent
$188,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.12-acre commercial lot with high visibility and development potential.
Where is this commercial land located?
The property is located at State Rd 101 lot 1 Milan, IN.
What is the asking price?
The asking price for this property is $209,000.
