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Property profile & analytics
OFF-MARKET
Land

1400 State Rd Pittsboro, IN 46052

1.59 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.59-acre commercial land parcel presents a unique investment opportunity in Boone County, Indiana. Located at 1400 W State Road 32 in Lebanon, IN (zip code 46052), this property boasts a highly desirable location adjacent to the LEAP Lebanon Project. The parcel is zoned PBC (Planned Business Commercial) and also falls within the Lebanon Overlay Zone for State Road 32, ensuring flexibility for a variety of commercial developments. City sewer and water services are readily available, simplifying infrastructure needs. The property's drainage is efficiently managed via an off-site retention system utilizing the legal drain. The asking price for this strategically positioned land is $636,000. The property's APN is 061035000020000002. This prime location offers excellent visibility and accessibility, making it an ideal site for businesses seeking high traffic exposure. Don't miss this chance to acquire a valuable piece of commercial real estate in a thriving Indiana community.

Property profile
Verified
Property type Land
Lot 1.59 ac (69,260 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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