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3901 US-52 - 3901 N State Road 52 0.48 Acres of Commercial Land Offered at $150,000 in Lebanon, IN 46052

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INVESTMENT HIGHLIGHTS

  • Heavy Traffic directly on I 65

EXECUTIVE SUMMARY

Lot has not had electric run to it yet. The seller has an estimate of the costs of 15K to run. Area plan commission said the property needs to be rezoned business or industrial then be removed from the overlay district. From planning 1:Whether this parcel's current zoning allows for billboard or outdoor advertising use? Property is zoned Low-density Residential (R1) and I-65 South Corridor Overlay. Billboards are not permitted in the residential districts or the Overlay.

PROPERTY FACTS

Price $150,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.48 AC

1 LOT AVAILABLE

Lot

Price $150,000
Price Per AC $312,500.00
Lot Size 0.48 AC

Vacant 1/2 acre lot suitable for a billboard sign. Located just off I-65 for visibility, due West from the LEAP District and sets on the southeast corner of Trophy Club.

DESCRIPTION

Vacant 1/2 acre lot suitable for a billboard sign. Located just off I-65 for visibility, due West from the LEAP District and sets on the southeast corner of Trophy Club.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-10-15-000-018.000-001
Land Assessment
$2,900
Improvements Assessment
$0
Total Assessment
$2,900
  • Listing ID: 36425666

  • Date on Market: 6/26/2025

  • Last Updated:

  • Address: 3901 US-52, Lebanon, IN 46052

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