72± Acre Development Ready B3 Commercial Property
Land | 72 acres
Marketing description
This is a rare chance to acquire 72± acres of development-ready land in the heart of Brown County, Indiana. Fully annexed into the Town of Nashville and zoned B3 General Business—the most flexible and intensive commercial classification available—this property is primed for high-impact development. B3 zoning allows for a wide range of commercial, retail, and service uses including shopping centers, offices, storage facilities, automotive services, and large-scale operations. Being within town limits ensures access to municipal infrastructure and services, setting it apart from unincorporated parcels.
The site's development groundwork includes an approved fiscal plan and a PUD (Planned Unit Development) application that has already been submitted and accepted by the Brown County Area Planning Commission. Adding to its value, the property is backed by a professional feasibility study conducted by Hotel & Leisure Advisors (H&LA)—a nationally recognized hospitality consultancy behind projects like Great Wolf Lodge, Kalahari Resorts, and CoCo Key. Their analysis explored the potential for a 100–200 room hotel and indoor waterpark resort, evaluating site layout, traffic patterns, franchise alignment, and projecting financial outcomes over an 11-year period.
The property also enjoys strong local support, endorsed by the Brown County Economic Development Commission and approved by the Nashville Town Council through multiple public hearings and planning sessions. It's ideal for developers pursuing destination-style hospitality projects, mixed-use entertainment campuses, big-box commercial developments, or high-amenity service-based ventures.
Located just off State Route 46, this site offers direct access to regional tourist traffic and sits close to key attractions like Brown County State Park, downtown Nashville, and Indiana University in Bloomington. This well-established tourism corridor sees heavy seasonal and weekend visitor traffic. What truly sets this property apart is its combination of full entitlement, expert feasibility backing, municipal infrastructure access, and prime visibility—making it a turnkey development opportunity ready for execution.
Investment highlights
- Acreage: 72± acres of development-ready land offering substantial scale for large commercial or mixed-use projects.
- Zoning: B3 General Business zoning—the most flexible commercial classification—permitting retail, hospitality, automotive, storage, entertainment, and service-based uses.
- Annexed: Fully incorporated into the Town of Nashville, granting access to municipal infrastructure, utilities, and town services.
- Feasibility Support: Backed by a professional feasibility study from Hotel & Leisure Advisors, validating potential for a 100–200 room hotel and waterpark resort, with full financial and market modeling.
- PUD Planning: Planned Unit Development groundwork submitted and accepted by the Brown County Area Planning Commission, streamlining multi-use development.
- Infrastructure Access: Direct access from State Route 46, with excellent visibility and connectivity to tourist traffic and regional markets.
- Tourism Appeal: Located minutes from downtown Nashville, Brown County State Park, and near Bloomington/Indiana University—within a high-traffic tourism corridor.
- Development Potential: Ideal for destination hospitality, national franchises, entertainment campuses, or high-impact commercial ventures.
- Economic Support: Endorsed by the Brown County Economic Development Commission and supported by multiple public planning sessions.
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