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Property profile & analytics
OFF-MARKET
Land

3760 In-39 Lebanon, IN 46052

4.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.05-acre property in Lebanon, Indiana, presents a compelling investment opportunity. Currently zoned R2 (Residential), it offers significant potential for commercial development, given its anticipated zoning change and proximity to key growth areas. The site boasts existing utilities, simplifying development plans. Located at 3760 IN-39, Boone County, IN 46052 (APN: 06-10-13-000-035.000-001, 06-10-13-000-043.001-001, 06-10-13-000-043.000-001), this strategically positioned land is less than two blocks from the new Lilly Development and minutes from the proposed LEAP Innovation District, promising substantial future appreciation. The large lot size allows for diverse development options, making it ideal for investors seeking long-term value and returns. The property is offered fee simple, with no lease in place. Please note that residents are currently on the site

Property profile
Verified
Property type Land
Lot 4.05 ac (176,418 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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