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610 W South St 2.08 Acres of Commercial Land in Lebanon, IN 46052
INVESTMENT HIGHLIGHTS
- NB (Neighborhood Business) Zoning allows for High Density Residential
- Easy access to I-65 and the LEAP District
- Walkable to downtown via the Big 4 Trail
- All Utilities at the site
EXECUTIVE SUMMARY
Eli Lilly’s Medicine Foundry is under construction and is slated to begin operations late 2027.
Zoning has been approved for a new Meta facility on 1500 acres and is in the permitting process.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.08 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | NB - Neighborhood Business | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.08 AC |
| Opportunity Zone |
Yes |
| Zoning | NB - Neighborhood Business |
1 LOT AVAILABLE
Lot
| Lot Size | 2.08 AC |
| Lot Size | 2.08 AC |
610 W South is just west of Downtown Lebanon and is bordered by SR 32 on the South. Walkable to downtown via the Big 4 Trail, ideal users are Retail or Mixed Use Retail/Residential. All utilities are at the site.
DESCRIPTION
610 W South is just west of Downtown Lebanon and is bordered by SR 32 on the South. Walkable to downtown via the Big 4 Trail, ideal users are Retail or Mixed Use Retail/Residential. Preliminary talks with the City of Lebanon suggest the site could support up to 50 residential units in a four story building. Easy access to I-65 and the LEAP District via SR 32 make for easy commutes. All utilities are at the site.
PROPERTY TAXES
| Parcel Number | 06-10-36-000-189.000-002 | Improvements Assessment | $0 |
| Land Assessment | $91,400 | Total Assessment | $91,400 |
PROPERTY TAXES
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610 W South St
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