Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1080 South St Lebanon, IN 46052
    Back to Search
    Property profile & analytics

    1080 South St, Lebanon, IN 46052

    View on Map
    • Land
    • 43.41 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1080 South St

    Lot size
    43.41 lot acres
    Property type
    Land

    Description

    This exceptional commercial land offering presents a unique investment opportunity in Lebanon, Indiana. Strategically located at the I-65 interchange, this property provides unparalleled access to Indianapolis and boasts 1,380 feet of frontage along the interstate. The total acreage available is 182.75 acres, divisible into three distinct sites: Site A (43.41 acres), Site B (81.27 acres), and Site C (58.07 acres). Each site is offered subject to offer. Currently zoned for single-family residential use, the property presents significant potential for a wide range of commercial developments. Consider the possibilities: a mixed-use development, entertainment complex, shopping plaza, hotel, or other high-impact projects. The City of Lebanon is experiencing substantial growth, with billions of dollars in new investment and numerous high-paying jobs being created. This prime location, coupled with the substantial acreage and high visibility, makes this an exceptional opportunity for developers seeking to capitalize on the region's economic expansion. The address is 1080 South 100 East, Lebanon, IN 46052, within Boone County. This is a rare chance to acquire a large, strategically positioned parcel of land in a thriving Indiana community. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Boone
    State
    Indiana
    Longitude
    -86.4514
    Latitude
    40.0241

    Comparable in this City

    • Value Estimation by Request
      167.00 Acres

      1502 State Road 47

      Land
      1502 State Road 47, Lebanon, IN 46052
      View Details
    • Value Estimation by Request
      120.00 Acres

      2550 Indianapolis Rd

      Land
      2550 Indianapolis Rd, Lebanon, IN 46052
      View Details
    • Value Estimation by Request
      1.59 Acres

      1400 State Rd 32 - State Rd

      Land
      1400 State Rd 32 - State Rd, Lebanon, IN 46052
      View Details
    • Value Estimation by Request

      4181 750

      Land
      4181 750, Lebanon, IN 46052
      View Details
    • Value Estimation by Request
      2.27 Acres

      825 375

      Land
      825 375, Lebanon, IN 46052
      View Details
    • Value Estimation by Request
      1.18 Acres

      3760 State Road 39

      Land
      3760 State Road 39, Lebanon, IN 46052
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale Lebanon, IN

      Land available for sale in Lebanon, Indiana.
      2550 S Indianapolis Rd, Lebanon, IN 46052
      View Details
    • $6,200,000

      Land For Sale

      Land available for sale in Boone County, Indiana.
      4755 N 275 W, Lebanon, IN 46052
      View Details
    • Contact for pricing

      58 Acres Land For Sale

      58.07 acres of land available in Lebanon, Indiana.
      1080 South St East, Lebanon, IN 46052
      View Details
    • Contact for pricing

      263.5 Acre Site in Lebanon

      Large site near LEAP Innovation District and Meta data center.
      3899 West St North Lebanon IN USA, Lebanon, IN 46052
      View Details
    • $1,800,000
      20.25 Acres

      Zionsville Farm Land For Sale

      20+ acre farm land parcel in Zionsville, Indiana.
      6745 S 475 E, Zionsville, IN 46052
      View Details
    • Contact for pricing

      Lebanon I-65 Interchange Land

      182+ acres at I-65 interchange gateway to Lebanon.
      1080 S 100 E, Lebanon, IN 46052
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo

      304 S Baldwin Ave, Unit 306

      Retail Space On Bypass
      304 S Baldwin Ave, Marion, IN 46052
      View Details
    • Contact for pricing

      Lebanon Industrial/Distribution Property

      Industrial/Distribution property located in Lebanon, Indiana.
      I-65 & Sr 39, Lebanon, IN 46052
      View Details
    • Contact for pricing

      Lebanon Commercial Property For Rent

      Commercial property available for rent in Lebanon, Indiana.
      John Shaw Rd, Lebanon, IN 46052
      View Details
    • Contact for pricing
      746 SF

      Retail Space on Main Corridor

      Retail space available on a main retail corridor.
      2222 North Lebanon St, Lebanon, IN 46052
      View Details
    • Contact for pricing

      Lebanon Industrial Property for Rent

      Industrial warehouse space available for lease in Lebanon, Indiana.
      3150 Couden Dr, Lebanon, IN 46052
      View Details
    • Contact for pricing
      201,600 SF

      Whitestown Commercial Space Available

      Large 201,600 SF commercial space for rent.
      4860 S Indianapolis Rd, Whitestown, IN 46052
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1080 South St
    Lebanon, IN 46052
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1080 South St, Lebanon, IN, 46052
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!