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Frankfort, IN Land for Sale

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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
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Land / Farm
Updated: Jan 24
Land / Farm

85 North County Rd 500 East, Frankfort, IN 46041

$370,000
871,200 sqft
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I-3 Zoned Industrial Land
I-3 Zoned Industrial Land

300 Lewis Smith Rd, Frankfort, IN 46041

Contact for pricing
21.51 AC lot

Level, I-3 zoned industrial land with immediate access to Frankfort Municipal Airport and adjacent rail line.

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Prime Farmland Block Near Lebanon
Prime Farmland Block Near Lebanon

9708 W County Rd 300 S, Frankfort, IN 46041

Contact for pricing
602.00 AC lot

602+/- acre farmland block near Eli Lilly & LEAP District.

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Commercial Land Outlot Opportunity
Commercial Land Outlot Opportunity

2401 E Wabash St, Frankfort, IN 46041

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0.75 AC lot

Outlot parcel on a main corridor with an existing detention pond requiring re-engineering for development.

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Retail Building with Vacant Lot
Retail Building with Vacant Lot

506 W Walnut St, Frankfort, IN 46041

$35,000

Two adjoining parcels include a vacant residential lot and an updated commercial building originally built for a salon.

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Prime Development Land I-65N
Prime Development Land I-65N

1733 S Co Rd 880 W, Frankfort, IN 46041

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27.81 AC lot

28 acres of land ideal for industrial development.

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Commercial Outlot Opportunity
Commercial Outlot Opportunity

2401 E Wabash St, Frankfort, IN 46041

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0.75 AC lot

0.75 AC outlot available on main corridor.

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Clinton County Development Site
Clinton County Development Site

W. SR 28 & I-65, Frankfort, IN 46041

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Development site with access to Indianapolis, Chicago and West Lafayette.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Frankfort, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 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.

Agricultural Land with Road Access
Agricultural Land with Road Access

8200 N Us Highway 52, Thorntown, IN 46071

$1,247,050
36.63 AC lot

36.63 acres of farmland along U.S. Highway 52 with access from 800 North and 700 West.

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Land
Land

6124 East State Road 38, Kirklin, IN 46050

Contact for pricing
935,669 sqft

Residential land & home lots · 935,669 SF

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Multi-Tract Row Crop and Hunting Land
Multi-Tract Row Crop and Hunting Land

6500 E State Road 38, Kirklin, IN 46050

$500,000
198.70 AC lot

198.7+-acre farm with tillable ground, classified forest acres, and recreational woods, plus a pole barn and grain bins.

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Rolling Agricultural Land
Rolling Agricultural Land

1500 West Blubaugh Avenue, Thorntown, IN 46071

$1,259,852
2,778,692 sqft

Rolling farmland with agricultural zoning, building sites, and room for outbuildings, livestock, and crops.

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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
View details
Armstrong St
VACANT COMMERCIAL LAND

Armstrong St, Frankfort, IN 46041

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

Jackson St, Frankfort, IN 46041

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

Jackson St, Frankfort, IN 46041

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

Jackson St, Frankfort, IN 46041

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

Jackson St, Frankfort, IN 46041

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

Jackson St, Frankfort, IN 46041

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

Jackson St, Frankfort, IN 46041

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

2150 Holiday Rd, Frankfort, IN 46041-9102

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

County Rd 380th E, Frankfort, IN 46041

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

707 Morrison St, Frankfort, IN 46041-1673

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

Morrison St, Frankfort, IN 46041

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

Armstrong St, Frankfort, IN 46041

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

609 Walnut St, Frankfort, IN 46041-2387

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

1858 Jackson St, Frankfort, IN 46041-3321

$240,000
Estimated value
0.14 AC lot
View details

Frankfort, IN Land Market Trends and Statistics

Explore 72 land for sale in Frankfort, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 29,308,039 square feet of properties for sale, with an estimated market value of $820,000.

Sale prices for lots in Frankfort, IN start at $35,000, averaging $273,333, 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

Commercial land 5
Residential land & home lots 3
Agricultural land / Farmland 2
Industrial land 2

Demographics Overview

Population 25K
Population Growth (5Y) -1.2%
Median Household Income $61,986
College Educated 23.9%

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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