W Walnut Street, North Vernon, IN 47265

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List Price
$174,900
Price Change
▼ $25,000 1781984404
MLS#
22096312
Property Type
Land
Days on Market
155
Status
ACTIVE

Property Description

Prime development opportunity located within the city limits of North Vernon! This 2.35-acre undeveloped commercial parcel offers valuable highway frontage along with direct access to Old Highway 50 (Walnut St), providing excellent visibility and convenient accessibility for a wide range of potential uses. Zoned commercial, this property is well-suited for multi-family housing, a multi-unit office complex, medical facilities, retail, or other commercial ventures. Its flexibility makes it an ideal canvas for developers and investors looking to bring their vision to life. Ideally situated near local schools and the well-established Oak Meadows Apartments, this location benefits from consistent traffic and a growing demand for residential and commercial services. With its strategic positioning, strong exposure, and development-ready potential, this property presents an outstanding investment opportunity. Don't miss your chance to secure a highly desirable 2.35-acre commercial tract in a rapidly developing area-perfect for your next project.

Additional Information

Present Zoning
Commercial
Land Characteristics
City
Topography
Level
Soil Type
Other
Development Status
NoStatus
Facilities on Site
None
Facilities near Site
Cable, Electric, Gas, Sewer, Water, Water & Sewer
Water
Municipal Water Near By
Sewer
Public Sewer
Road Access
See Remarks
Road Frontage
City Street, Highway, See Remarks
Road Surface
Asphalt
Acres
2.35
Water
Municipal Water Near By
Region
Center

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of 1 Percent Lists Indiana Real Estate.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative