4492 Crandall Lanesville Rd Lanesville, IN 47136
This exceptional 95.28-acre property presents a unique opportunity for commercial or residential development. Boasting significant frontage on Interstate 64 West and Crandall-Lanesville Road, this strategically located land offers unparalleled accessibility and visibility. Its prime location places it within minutes of Louisville, Kentucky, including the convenience of nearby casino access. The property enjoys a desirable blend of rural tranquility and proximity to major urban centers. Situated just 10 miles from Corydon, 13 miles from New Albany, and 20 miles from downtown Louisville, this site benefits from excellent connectivity to a thriving regional economy. The expansive acreage provides ample space for a wide range of development projects, catering to diverse needs and visions. Whether the focus is on commercial ventures seeking high visibility or residential developments aiming for a peaceful yet accessible setting, this property offers a compelling foundation for success. The combination of its size, location, and accessibility makes it an exceptional investment opportunity with significant long-term potential. Serious inquiries are encouraged to explore the possibilities this remarkable property presents. The asking price is $2,225,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.