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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 Clarks Hill, IN Lafayette, IN
    Updated Storefront with Adjacent Lot
    Updated: Aug 21
    Updated Storefront with Adjacent Lot

    550 W Walnut St, Frankfort, IN 46041

    $415,000
    1,575 sqft
    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
    View details
    Central Business District Land
    Updated: Sep 17
    Central Business District Land

    400 E Walnut St, Frankfort, IN 46041

    $34,900
    66' x 132' commercial building site
    Central Business zoning permits a range of business uses
    Residential use requires a special exception from the City of Frankfort
    Near downtown Frankfort
    View details
    Prime Development Land I-65N
    Prime Development Land I-65N

    1733 S Co Rd 880 W, Frankfort, IN 46041

    Contact for pricing
    27.81 AC lot

    28 acres of land ideal for industrial development.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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.

    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Frankfort, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Industrial Land
    Industrial Land

    4755 N 275 W, Lebanon, IN 46052

    $6,200,000
    57.00 AC lot

    The tract has agricultural zoning, public sewer, and a well requirement.

    View details
    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.

    View details
    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.

    View details
    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.

    View details

    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

    Estimated value:
    $245,000
    0.15 AC lot
    View details
    Armstrong St
    VACANT COMMERCIAL LAND

    Armstrong St, Frankfort, IN 46041

    Estimated value:
    $245,000
    1.96 AC lot
    View details
    Jackson St
    VACANT COMMERCIAL LAND

    Jackson St, Frankfort, IN 46041

    Estimated value:
    $265,000
    0.08 AC lot
    View details
    Jackson St
    VACANT COMMERCIAL LAND

    Jackson St, Frankfort, IN 46041

    Estimated value:
    $260,000
    0.10 AC lot
    View details
    Jackson St
    VACANT COMMERCIAL LAND

    Jackson St, Frankfort, IN 46041

    Estimated value:
    $265,000
    0.04 AC lot
    View details
    Jackson St
    VACANT COMMERCIAL LAND

    Jackson St, Frankfort, IN 46041

    Estimated value:
    $150,000
    2,160 sqft 0.15 AC lot
    View details
    Jackson St
    VACANT COMMERCIAL LAND

    Jackson St, Frankfort, IN 46041

    Estimated value:
    $240,000
    0.16 AC lot
    View details
    Jackson St
    VACANT COMMERCIAL LAND

    Jackson St, Frankfort, IN 46041

    Estimated value:
    $145,000
    1,800 sqft 0.07 AC lot
    View details
    2150 Holiday Rd
    VACANT COMMERCIAL LAND

    2150 Holiday Rd, Frankfort, IN 46041-9102

    Estimated value:
    $255,000
    1.00 AC lot
    View details
    County Rd 380th E
    VACANT COMMERCIAL LAND

    County Rd 380th E, Frankfort, IN 46041

    Estimated value:
    $255,000
    0.55 AC lot
    View details
    707 Morrison St
    VACANT COMMERCIAL LAND

    707 Morrison St, Frankfort, IN 46041-1673

    Estimated value:
    $240,000
    0.29 AC lot
    View details
    Morrison St
    VACANT COMMERCIAL LAND

    Morrison St, Frankfort, IN 46041

    Estimated value:
    $240,000
    0.20 AC lot
    View details
    Armstrong St
    VACANT COMMERCIAL LAND

    Armstrong St, Frankfort, IN 46041

    Estimated value:
    $245,000
    1.56 AC lot
    View details
    609 Walnut St
    VACANT COMMERCIAL LAND

    609 Walnut St, Frankfort, IN 46041-2387

    Estimated value:
    $150,000
    1,688 sqft 0.15 AC lot
    View details
    1858 Jackson St
    VACANT COMMERCIAL LAND

    1858 Jackson St, Frankfort, IN 46041-3321

    Estimated value:
    $240,000
    0.14 AC lot
    View details
    State Rd 28
    VACANT COMMERCIAL LAND

    State Rd 28, Frankfort, IN 46041

    Estimated value:
    $390,000
    23.30 AC lot
    View details
    Columbia St
    VACANT COMMERCIAL LAND

    Columbia St, Frankfort, IN 46041

    Estimated value:
    $235,000
    0.10 AC lot
    View details
    County Rd
    VACANT COMMERCIAL LAND

    County Rd, Frankfort, IN 46041

    Estimated value:
    $255,000
    0.21 AC lot
    View details
    County Rd
    VACANT COMMERCIAL LAND

    County Rd, Frankfort, IN 46041

    Estimated value:
    $255,000
    0.11 AC lot
    View details
    Oak St
    VACANT COMMERCIAL LAND

    Oak St, Frankfort, IN 46041

    Estimated value:
    $240,000
    0.89 AC lot
    View details

    Frankfort, IN Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in Frankfort, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,245,649 square feet of properties for sale, with an estimated market value of $449,900.

    Sale prices for commercial lots in Frankfort, IN start at $34,900, averaging $224,950, and reaching up to $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

    Residential land & home lots 7
    Agricultural land / Farmland 5
    Commercial land 5
    Industrial land 2

    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%

    How Realmo verifies these figures

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