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Commercial Land for Sale in Spencer, Indiana
Owen County, Spencer, IN 47460
$57,500
1.54 acres
Active sale
ago
Est $493/moStrategically located on the west end of Spencer, this 1.54-acre parcel offers excellent visibility and accessibility. Zoned BLM1 (Business Light Manufacturing), the property sits adjacent to well-known national retailers Wendy's and O'Reilly Auto Parts, making it an ideal site for retail, service, or light industrial development. High traffic area with strong potential for growth.
Location
- County
- Owen County
- Zip code
- 47460
- School district
- Spencer-Owen Community Schools
- Elevation
- 548 feet
Directions
West on Morgan St., proceed thru light at west end of town and turn right and property is on the left.
Property details
- Acreage
- 1.54 acres67,082 sq ft
- Zoning
- BLM-1
- MLS #
- BMLS 202631610
- Posted
Property taxes
- 2025
- $1,238
Parcels
- 60-10-20-300-400.166-028
Legal description
IN W 1/2 SW S20 T10 R3 1.54A
Details and features
Listing
- Type
- Land
- Address
- 1.54 Acres Street
Lot
- Features
- City, Corner, Irregular, Slope
Nearby schools
| Name | Type | District |
|---|---|---|
| Spencer | Elementary | Spencer-Owen Community Schools |
| Owen Valley | Middle | Spencer-Owen Community Schools |
| Owen Valley | High | Spencer-Owen Community Schools |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 5, 2026 | New listing | $57,500 | — | MIBOR |
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