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1450 - Lebanon Indiana Outlot Lebanon, IN 46052

OFF-MARKET Land Google Maps
1.78 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1.78-acre commercial land parcel presents a remarkable investment opportunity in Lebanon, Indiana. Located at 1450 State Road 32, Outlot #2, this property boasts a highly desirable location within Boone County, offering excellent visibility and accessibility. The asking price is $712,000, translating to a compelling $400,000 per acre. This represents a significant value proposition for developers and investors seeking a strategic foothold in a thriving market. The property's zoning (not specified in provided data) will need to be verified independently to ensure compatibility with intended use. Given its size and prime location, this land is ideally suited for a variety of commercial developments, potentially including retail, office, or light industrial uses. The address is precisely 1450 State Road 32, Lebanon, Indiana, 46052, with GPS coordinates of 40.047111 latitude and -86.498534 longitude. The property is currently listed for sale and offers a unique chance to acquire a substantial piece of commercial real estate in a growing area. Further due diligence is recommended to fully assess the development potential and confirm all relevant details. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 1.78 ac (77,537 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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