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    State Road 66 Leavenworth, IN 47137

    • Commercial real estate
    • 18.15 lot acres
    For Sale
    View listing
    $525,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for State Road 66

    Lot size
    18.15 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 18.15-acre commercial property in Leavenworth, Indiana, presents a unique investment opportunity. Located on State Road 66, it boasts an impressive 1076 feet of road frontage and enjoys unparalleled visibility and accessibility due to its proximity—within a half-mile—of the I-64 interchange. The expansive acreage is ideally suited for a diverse range of commercial developments, including restaurants, retail establishments, office buildings, hotels, or a strip center. The property's strategic location offers significant potential for high traffic volume and strong returns. This is a rare chance to acquire a substantial parcel of land in a high-growth area. However, prospective buyers should note that the seller reserves the right to refuse any offer if the intended use of the land is not disclosed, is not aligned with the seller's mission, vision, and core values, or is not approved by the seller's board of directors. Serious inquiries only, with a detailed development plan are encouraged. The asking price for this remarkable property is $525,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leavenworth
    County
    Crawford
    State
    Indiana
    Longitude
    -86.3577
    Latitude
    38.247

    Comparable in this City

    • Value Estimation by Request
      18.15 Acres

      State Road 66

      Commercial real estate • 18.15 Acres
      State Road 66, Leavenworth, IN 47137
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    • Value Estimation by Request
      0.32 Acres

      7035 State Rd 66

      COMMERCIAL (GENERAL) • 0.32 Acres
      7035 State Rd 66, Leavenworth, IN 47137-8309
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    • Value Estimation
      $785,000
      5,800 SF

      19925 Schooner Pt Rd

      COMMERCIAL (GENERAL) • 5,800 SF
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    • Value Estimation by Request
      996 SF

      730 Nelson St

      COMMERCIAL (GENERAL) • 996 SF
      730 Nelson St, Leavenworth, IN 47137-2366
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      1,920 SF

      Plz Dr

      COMMERCIAL (GENERAL) • 1,920 SF
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      2,190 SF

      303 High St

      COMMERCIAL (GENERAL) • 2,190 SF
      303 High St, Alton, IN 47137-2305
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    Similar Nearby for Sale

    • $525,000
      18.15 Acres

      Leavenworth Commercial Land - 18 Acres

      Prime I-64 Commercial Development Site
      State Road 66, Leavenworth, IN 47137
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      but Seller will not repair. Priced to sell. Square Footage is approximate. It's up to Buyer or Buyers agent to determine if it's important for the exact. Back on Market due to buyers financing.""""}"""

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    State Road 66
    Leavenworth, IN 47137
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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