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    31 And Sr 28 Tipton, IN 46072

    For Sale
    Contact for pricing

    Divisible land, prime location, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Exceptional 137-acre commercial land opportunity in Tipton, Indiana, situated at the intersection of US 31 and State Road 28. This strategically located property offers high visibility and accessibility, boasting a high traffic volume due to a newly opened interchange. The land is zoned for business use and features existing infrastructure and utilities, making it ideal for swift development. Parcels are divisible, ranging in size from 12 to 71 acres, and larger configurations are also available, allowing for flexibility in development plans. The site is perfectly positioned to serve the needs of hotels, restaurants, and commercial/industrial ventures. Its central location between Indianapolis, Kokomo, Lafayette, and Lebanon/Whitestown provides easy access to a large and growing market. The property encompasses 5,967,720 square feet and presents a unique opportunity for investors and developers seeking a shovel-ready site with significant potential for growth. The reduced price makes this an even more compelling investment.

    Property Features for 31 And Sr 28

    General Information

    Property type
    Farms
    Lot Size
    5,967,720 SF

    HighLights

    • Price reduced: 137 acres of shovel‑ready commercial land.
    • Full utilities and infrastructure for immediate development.
    • Ideal location for hotels, restaurants, and commercial/industrial uses.
    • Divisible parcels ranging from 12 to 71 acres, build‑to‑suit options available.
    • Business zoning.
    • High traffic volume due to a newly opened interchange at US 31 and State Road 28.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tipton
    County
    Tipton
    State
    Indiana
    Longitude
    -86.0539225
    Latitude
    40.2808543

    Nearby Comparable

    • $450,000
      10.00 Acres

      Commercial Land in Growing Tipton

      10 acres of annexed land suitable for multiple development types.
      1130 E Jefferson Hwy, Tipton, IN 46072
      View Details
    • $1,650,000

      Tipton County Manufacturing Facility

      Large industrial facility in Tipton, Indiana, suitable for manufacturing.
      801 Berryman Pike, Tipton, IN 46072
      View Details
    • $450,000
      10.00 Acres

      Tipton Land Ready For Development

      10 acres of land annexed into the city of Tipton.
      1030 E Jefferson St, Tipton, IN 46072
      View Details
    • $3,600,000
      4.00 Acres

      In-28

      Farms • 2,623,837 SF
      0 In-28, Tipton, IN 46072
      View Details

    Nearby Similar for Sale

    • $1,650,000

      Tipton County Manufacturing Facility

      Large industrial facility in Tipton, Indiana, suitable for manufacturing.
      801 Berryman Pike, Tipton, IN 46072
      View Details

    FAQs

    What type of property is this?
    Farm - Divisible land, prime location, high traffic.
    Where is this farm located?
    The property is located at 31 And Sr 28 Tipton, IN.
    What are key features of this property?
    This property features: Price reduced: 137 acres of shovel-ready commercial land.; Full utilities and infrastructure for immediate development.; Ideal location for hotels, restaurants, and commercial/industrial uses.
    Request Owner's contact information
    31 And Sr 28 Tipton, IN 46072
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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
    31 And Sr 28 Tipton, IN 46072
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