Listing Agency: RE/MAX First Integrity

Listed By: Susan Falck-Neal · License #RB14024543 Show Phone

Source: Crexi

Added: Jul 6 Changed: Sep 4 Last Checked: Sep 4 at 7:09AM

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Investment Insights

Based on property information with market context.

This commercial land offering encompasses approximately 54.8 acres at the northeast corner of Interstate 70 and Exit 131, with frontage along S Wilbur Wright Road. More than 40 acres carry Highway Business zoning through HB-1 and HB-2 designations, while R-3 and R-1 zoning provides additional land-use flexibility. The property is arranged across three parcels included in the sale.

The site includes approximately 170 feet of Interstate 70 signage frontage and nearly 2,880 feet along S Wilbur Wright Road. INDOT AADT data reports 38,000–42,000 vehicles per day on I-70. Supporting due diligence materials include zoning maps, approvals, drainage reports, an environmental site assessment, soil information, and development documentation. A farming tenant retains annual crop rights. Showings are available by appointment.

Key Highlights

• Approximately 54.8 acres at I‑70 Exit 131
• More than 40 acres zoned HB‑1 and HB‑2
• Approximately 170 feet of I‑70 signage frontage

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Gym & Fitness Center Accounting Firm

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

13

Businesses Nearby

Explore this area Business Placement

Demographics for 47387, IN

726

Population

304

Households

2.4

Avg Household Size

45

Median Age

10%

College-Educated

91%

High-School Grad

17.6 sq mi

ZIP Area

41

Density / Sq Mi

$81,071

Median Household Income

$33,688

Median Earnings

$1,682

Median Rent

$118,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Commercial land - Large development tract with Highway Business zoning and access at an Interstate 70 interchange.

Where is this commercial land located?

The property is located at S WILBUR WRIGHT RD STRAUGHN IN 47387 Straughn, IN.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: Approximately 54.8 acres at I‑70 Exit 131; More than 40 acres zoned HB‑1 and HB‑2; Approximately 170 feet of I‑70 signage frontage