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    Frankfort, IN 46041

    For Sale
    $1,360,500

    28 Acres, Frankfort, IN - $1.36M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 27.81-acre commercial land parcel presents a remarkable investment opportunity in Clinton County, Indiana. Strategically located at the intersection of West State Road 28 and Interstate 65, this property boasts unparalleled access to major transportation arteries, providing seamless connectivity to Indianapolis, Chicago, and West Lafayette. The site is zoned AG and features flat topography, ensuring ease of development. Existing utilities are readily available on-site, simplifying infrastructure needs. The property's location within a pro-growth county, coupled with the municipality's receptive attitude towards diverse development projects, makes it ideal for a wide range of industrial uses. The substantial lot size offers ample space for large-scale projects, while the convenient access to I-65 via SR-28 guarantees efficient logistics and transportation. This is a rare chance to acquire a significant tract of prime development land in a thriving location with excellent infrastructure and a supportive local government. The property's APN is 12-09-17-300-006.000-020

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    1,211,404 SF

    HighLights

    • ±28 acres of prime commercial land in Clinton County, Indiana.
    • Excellent industrial development opportunity.
    • Easy I‑65 access via SR‑28.
    • On‑site utilities available.
    • Flat topography with good access.
    • Located in a pro‑growth county with a development‑friendly municipality.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Frankfort
    County
    Clinton
    State
    Indiana
    Longitude
    -86.6783255
    Latitude
    40.2617734

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    FAQs

    What type of property is this?
    Land - 28 Acres, Frankfort, IN - $1.36M
    Where is this land located?
    The property is located at Frankfort, IN.
    What is the asking price?
    The asking price for this property is $1,360,500.
    What are key features of this property?
    This property features: ±28 acres of prime commercial land in Clinton County, Indiana.; Excellent industrial development opportunity.; Easy I-65 access via SR-28.
    (317) 663-6538
    Request Owner's contact information
    Frankfort, IN 46041
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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
    Frankfort, IN 46041
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