825 375 Lebanon, IN 46052
This exceptional 2.27-acre commercial land parcel in Lebanon, Indiana, presents a unique investment opportunity. Located directly across from the new $9 billion Eli Lilly manufacturing campus within the burgeoning LEAP Lebanon Innovation District, this property benefits from the significant economic growth and job creation associated with this major development. The LEAP District encompasses over 9,000 acres, strategically positioned along the I-65 corridor, and is planned to house hundreds of companies employing over 50,000 people. This prime location offers easy access to Indianapolis (30 miles), Purdue University, and Purdue's Discovery Park, all within a 30-mile radius. The area boasts a skilled workforce of approximately 1 million people within a 60-minute commute. Further enhancing the property's value is the planned construction of a 400-home community nearby, creating a strong residential base for future retail and commercial development. The property's proximity to multiple I-65 access points ensures excellent connectivity and accessibility. With proposed retail development at I-65 and W 300 N, this site is ideally positioned to capitalize on the explosive growth of the LEAP Lebanon Innovation District and the influx of new residents and businesses. This is a rare chance to acquire land in a rapidly expanding area with exceptional long-term potential. The property's commercial zoning and strategic location make it suitable for a variety of uses, offering significant upside for investors.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.