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Property profile & analytics
OFF-MARKET
Commercial real estate

825 375 Lebanon, IN 46052

2.27 ac lot
Property ID
US31-1926610
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 2.27 ac (98,881 SF)
UPID US31-1926610
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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