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Property profile & analytics
OFF-MARKET
Land

1400 State Rd 32 - State Rd Lebanon, 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 Lebanon, Indiana. Located at 1400 State Road 32, this property boasts a desirable location with convenient access to major roadways, enhancing its visibility and accessibility for a wide range of commercial ventures. The land is zoned PBC, offering flexibility for various development possibilities. The asking price is $636,000, translating to a land value of $400,000 per acre, reflecting the strong market demand in this thriving area. The property's size and zoning make it ideal for a variety of commercial uses, from retail establishments and office spaces to light industrial facilities. Its strategic location within Boone County, Indiana, and its proximity to Lebanon's amenities and infrastructure, further enhance its appeal. The parcel's APN is 06-10-35-000-020.000·002. This is a rare opportunity to acquire a well-situated commercial land parcel in a growing market. Don't miss out on this chance to secure a prime location for your next commercial project. Serious inquiries are encouraged.

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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