Search
I-3 Zoned Industrial Land
For Sale
Contact for pricing

300 Lewis Smith Rd, Frankfort, IN 46041

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

Property SizeContact for details
Lot Size21.51 Acres
Days on Market188

Property Features for 300 Lewis Smith Rd

General Information

Standard status Active
Lot size 21.51 Acres
Property subtype LAND
Zoning I-3

Additional Details

Highway Access Yes
Listing Agency: Colliers
Listed By: Matt McGrady, SIOR · License #RB14047470
Source: Moodyscre
Added: Mar 3 Changed: Aug 15 Last Checked: Jul 22 at 8:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers

Investment Insights

Based on property information with market context.

Available industrial land totals approximately 21.51 acres and includes a stated site size of approximately 975,744 SF. The property features level grade topography and is identified as I-3 zoned. The offering is positioned for industrial use given the site’s zoning and basic site condition.

The location provides close proximity to I-65 and immediate access to Frankfort Municipal Airport. The property is described as about 23 miles southeast of Lafayette and about 56 miles northwest of Indianapolis, with adjacency to a rail line.

Designed around a level-grade configuration, the site offers straightforward development characteristics for an I-3 industrial tenant or buyer, with access advantages to major transportation options referenced in the listing.

Key Highlights

  • ±21.51 acres available with ±975,744 SF site area
  • I‑3 zoned industrial land
  • Level grade topography

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Law Firm Pharmacy Electrical Service Kitchen & Bath Showroom HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby

Demographics for 46041, IN

24,120
Population
9,889
Households
2.4
Avg Household Size
37
Median Age
17%
College-Educated
83%
High-School Grad
248.4 sq mi
ZIP Area
97
Density / Sq Mi
$60,716
Median Household Income
$39,503
Median Earnings
$900
Median Rent
$154,100
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Level, I-3 zoned industrial land with immediate access to Frankfort Municipal Airport and adjacent rail line.
Where is this industrial land located?
The property is located at 300 Lewis Smith Rd Frankfort, IN.
What are key features of this property?
This property features: ±21.51 acres available with ±975,744 SF site area; I‑3 zoned industrial land; Level grade topography
(317) 903-7409 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message