1.12 Acres of Commercial Land for Sale in Milan, Indiana

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Commercial Land for Sale in Milan, Indiana

State Road 101 Lot: 1, Milan, IN 47031

$209,000

1.12 acres

Active

21 days ago

Est $1,561/mo

Prime 1.12acre commercial lot in the heart of Milan, positioned directly between a new thriving convenience storeand a major dollarstore chain. Highvisibility corridor surrounded by active local businesses, offering excellent traffic flow and strong development potential. Ideal for retail, office, or servicebased use.

Location

Street address: State Road 101 Lot: 1
County: Ripley County
Community: Elliott Sub
School district: Milan Community
Elevation: 972 feet

Land for sale in Indiana

Property details

Acreage: 1.12 acres
Zoning: Business
MLS #: SEIBR 206716
Posted: Jan 16, 202621 days ago

Parcels

690819222006000010

Details and features

Listing

Type: Commercial Sale
Franchise: Independent

Structure

Sewer: Public Sewer

Nearby schools

Name	Type	District
Milan Elementary	Elementary	Milan Community
Milan High School	High	Milan Community

Listing history

Date	Event	Price	Change	Source
Jan 16, 2026	New listing	$209,000	—	SEIBR

Payment calculator

This 1.12-acre property is located at State Road 101 Lot: 1 in Milan, IN 47031. The property is available for sale for $209,000 with a price per acre of $186,607.

Listed by Lohmiller Real Estate, (812) 584-6880

Checked 1 hour ago — Updated Jan 30, 2026

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