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Frankfort, IN

Commercial

Frankfort, IN Commercial Land for Sale

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Rossville, IN Michigantown, IN Kirklin, IN Thorntown, IN Colfax, IN Lebanon, IN Lafayette, IN Clarks Hill, IN

Updated Storefront with Adjacent Lot

Updated: Feb 4

Updated Storefront with Adjacent Lot

550 W Walnut St, Frankfort, IN 46041

$415,000

Updated commercial building with adjacent vacant lot sold as a package
Roof installed in 2024 and A/C added in 2025
4‑foot crawl space and upgraded bathroom finishes
Originally configured for salon use with newer flooring throughout
Adjacent lot at 506 W Walnut St included

Prime Development Land I-65N

Updated: Jan 30, 2024

Prime Development Land I-65N

1733 S Co Rd 880 W, Frankfort, IN 46041

Contact for pricing

27.81 AC lot

± 28 acres of prime development ground along I‑65N
Excellent opportunity for industrial development
Quick access to I‑65 via SR‑28
Utilities at site
Flat topography with good access

Commercial Outlot Opportunity

Commercial Outlot Opportunity

2401 E Wabash St, Frankfort, IN 46041

Contact for pricing

0.75 AC lot

0.75 AC outlot available on main corridor.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Frankfort, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land with Rolling Terrain

Commercial Land with Rolling Terrain

3502 West 450 North, Thorntown, IN 46071

$2,424,975

1,596,910 sqft

Two adjoining parcels offer gently rolling land with Ag and Residential zoning near established and planned transportation access.

57-Acre Industrial Land

57-Acre Industrial Land

4755 N 275 W, Lebanon, IN 46052

$6,200,000

57.00 AC lot

Agricultural-zoned land positioned for large-scale industrial, logistics, life sciences, or commercial development.

Commercial Land Development Site

Commercial Land Development Site

3502 W 450 N, Thorntown, IN 46071

$2,424,975

Two-parcel commercial land tract totaling 36.66 acres along US Highway 52 in Thorntown, Indiana.

Boone County Land Opportunity

Boone County Land Opportunity

690 W State Road 47, Lebanon, IN

Contact for pricing

2.65 AC lot

2.65 acres near Eli Lilly development in Boone County.

Off-Market Properties in Frankfort, IN

Consider similar Off-Market properties in Frankfort, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Rossville Ave

VACANT COMMERCIAL LAND

Rossville Ave, Frankfort, IN 46041

$245,000

Estimated value

0.15 AC lot

Armstrong St

VACANT COMMERCIAL LAND

Armstrong St, Frankfort, IN 46041

$245,000

Estimated value

1.96 AC lot

Jackson St

VACANT COMMERCIAL LAND

Jackson St, Frankfort, IN 46041

$265,000

Estimated value

0.08 AC lot

Jackson St

VACANT COMMERCIAL LAND

Jackson St, Frankfort, IN 46041

$260,000

Estimated value

0.10 AC lot

Jackson St

VACANT COMMERCIAL LAND

Jackson St, Frankfort, IN 46041

$265,000

Estimated value

0.04 AC lot

Jackson St

VACANT COMMERCIAL LAND

Jackson St, Frankfort, IN 46041

$150,000

Estimated value

2,160 sqft 0.15 AC lot

Jackson St

VACANT COMMERCIAL LAND

Jackson St, Frankfort, IN 46041

$240,000

Estimated value

0.16 AC lot

Jackson St

VACANT COMMERCIAL LAND

Jackson St, Frankfort, IN 46041

$145,000

Estimated value

1,800 sqft 0.07 AC lot

2150 Holiday Rd

VACANT COMMERCIAL LAND

2150 Holiday Rd, Frankfort, IN 46041-9102

$255,000

Estimated value

1.00 AC lot

County Rd 380th E

VACANT COMMERCIAL LAND

County Rd 380th E, Frankfort, IN 46041

$255,000

Estimated value

0.55 AC lot

707 Morrison St

VACANT COMMERCIAL LAND

707 Morrison St, Frankfort, IN 46041-1673

$240,000

Estimated value

0.29 AC lot

Morrison St

VACANT COMMERCIAL LAND

Morrison St, Frankfort, IN 46041

$240,000

Estimated value

0.20 AC lot

Armstrong St

VACANT COMMERCIAL LAND

Armstrong St, Frankfort, IN 46041

$245,000

Estimated value

1.56 AC lot

609 Walnut St

VACANT COMMERCIAL LAND

609 Walnut St, Frankfort, IN 46041-2387

$150,000

Estimated value

1,688 sqft 0.15 AC lot

1858 Jackson St

VACANT COMMERCIAL LAND

1858 Jackson St, Frankfort, IN 46041-3321

$240,000

Estimated value

0.14 AC lot

State Rd 28

VACANT COMMERCIAL LAND

State Rd 28, Frankfort, IN 46041

$390,000

Estimated value

23.30 AC lot

Columbia St

VACANT COMMERCIAL LAND

Columbia St, Frankfort, IN 46041

$235,000

Estimated value

0.10 AC lot

County Rd

VACANT COMMERCIAL LAND

County Rd, Frankfort, IN 46041

$255,000

Estimated value

0.21 AC lot

County Rd

VACANT COMMERCIAL LAND

County Rd, Frankfort, IN 46041

$255,000

Estimated value

0.11 AC lot

Oak St

VACANT COMMERCIAL LAND

Oak St, Frankfort, IN 46041

$240,000

Estimated value

0.89 AC lot

Oak St

VACANT COMMERCIAL LAND

Oak St, Frankfort, IN 46041

$240,000

Estimated value

0.89 AC lot

Frankfort, IN Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Frankfort, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,244,074 square feet of properties for sale, with an estimated market value of $415,000.

Sale prices for commercial lots in Frankfort, IN average $415,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 25K

Population Growth (5Y) -1.2%

Median Household Income $61,986

College Educated 23.9%

High-Yield Neighborhoods for Investment

Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46041	$415K

Taxes & Financing

Tax Rate (average for all types) 2.65%

Property Tax per SF $43.32 per SF

Tax Rate vs County Average 0.06 pp above county avg

Average Loan-to-Value 65.0%

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