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3950 IN-39 - 3950 N SR 39 Lebanon 6.75 Acres of Commercial Land in Lebanon, IN 46052

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Investment Highlights

  • Direct exposure to largest private-sector investment in Indiana history
  • Lebanon annexed 8,000 acres for LEAP with comprehensive zoning and planning support
  • First-mover advantage as supporting infrastructure and services rapidly develop
  • SR 39 corridor: major transportation artery receiving state infrastructure upgrades
  • Ground-up development opportunity in path of unprecedented regional transformation

Executive Summary

Strategically positioned on State Road 39, this site sits at the center of Central Indiana’s most transformative economic expansion. Just minutes from the LEAP Lebanon Innovation District—anchored by Eli Lilly’s $13+ billion investment—the property offers exceptional visibility, access, and potential. Surging infrastructure and regional growth make this an ideal location for development uses that complement and capitalize on the area’s unprecedented momentum.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Apartment Units - Condo
  • Single Family Development
Total Lot Size 6.75 AC
Zoning Residential

1 Lot Available

Lot

Lot Size 6.75 AC

Property Taxes

Property Taxes

Parcel Number
06-10-13-000-046.000-001
Land Assessment
$31,500
Improvements Assessment
$215,600
Total Assessment
$247,100
  • Listing ID: 38486700

  • Date on Market: 11/18/2025

  • Last Updated:

  • Address: 3950 IN-39, Lebanon, IN 46052

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