4300 Lenn RdNewburgh, IN 47630

For Sale
$698,600

Prime 14-acre commercial lot, ideal for development.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 14-acre commercial land parcel in Newburgh, Indiana, presents a unique development opportunity. Located at 4300 Lenn Rd (APN 87-12-35-200-011.000-019), this property is zoned R-1 A and offers a beautiful setting just off Sharon Rd. Its proximity to residential areas, including homes and apartments, and its location a quarter-mile from Sharon Elementary School, make it particularly attractive for multi-family development. The site's potential is further enhanced by the planned installation of new sewer access in the southeast corner. While an existing gas pipeline running east to west necessitates the preservation of a green space corridor, this constraint can be creatively incorporated into the development plan, perhaps by including a dog park or playground. The asking price for this exceptional property is $698,600. This presents a compelling investment opportunity given the location, zoning, and potential for high-density residential development. Serious inquiries are encouraged.

Property Details for 4300 Lenn Rd

Property type
Other land, Land
Lot Size (sq. ft)
609,840 SF

Location Insight

City
Newburgh
County
Warrick
State
Indiana
Latitude
37.9706802
Longitude
-87.3816375
4300 Lenn Rd, Newburgh, Indiana

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4300 Lenn Rd
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