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    00 S State Road 109 Knightstown, IN 46148

    New
    For Sale
    $2,625,000

    Unimproved Land - Knightstown, IN

    Type:Unimproved Land
    Lot size:
    35.00 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 00 S State Road 109

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    Agricultural
    APN
    331608000305000029
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    35.00 Acres

    Building Details

    Architectural style
    Other

    Highgarden Real Estate (317) 280-4663 [email protected]

    Listing agent Albert Stancato (317) 205-4320 License #RB16000255

    Listing date Dec 3, 2025

    MLS# 22073598 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Knightstown Farmland for Commercial Development

    This 35-acre tract of farmland is available for commercial development. It is located directly behind the Loves Travel Stop and just off Interstate 70 at the Knightstown Exit 115, positioning it within a rapidly growing commercial corridor. This specific parcel is being offered for sale, though it is part of other tracts owned by the seller. The property will need to be zoned for commercial use, and the county planning director has expressed a willingness to work with buyers to facilitate rezoning for large-scale development. The area is considered a prime location for commercial opportunities, including retail, service, hospitality, and logistics uses. Two easements, recorded as deed restrictions on the Loves Travel Center, provide legal access from State Road 109 directly to the property. Septic and well installation will be required if desired for future development. The seller is willing to subdivide for multiple buyers. The property is located adjacent to the new Henry County Community Health Facility. Taxes are not accurate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knightstown
    County
    Henry
    State
    Indiana
    Longitude
    -85.583096
    Latitude
    39.864059

    FAQs

    What type of property is this?
    Land - 35 acres of farmland ideal for commercial development.
    Where is this land located?
    The property is located at 00 S State Road 109 Knightstown, IN.
    What is the asking price?
    The asking price for this property is $2,625,000.
    What are key features of this property?
    This property features: - Prime location directly behind Loves Travel Stop and off Interstate 70 (Exit 115) in a rapidly growing commercial corridor.; - 35 acres of farmland suitable for commercial development.; - County Planning Director willing to work with buyers to facilitate rezoning for large-scale development.
    (317) 205-4320
    Request Owner's contact information
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    Knightstown, IN 46148
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 S State Road 109 Knightstown, IN 46148
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