Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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