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    In-109 Knightstown, IN 46148

    • Land
    • 60.00 lot acres
    For Sale
    View listing
    $4,500,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 In-109

    Lot size
    60.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 60-acre property presents a unique investment opportunity in Knightstown, Indiana. Strategically located near the intersection of Interstate 70 and State Road 109, this land offers unparalleled access to major transportation arteries, making it ideal for industrial or commercial retail development. Currently zoned AG (Agricultural), local zoning authorities have indicated a willingness to consider industrial zoning for this site, opening up a wide range of possibilities. The property comprises two parcels (33-16-08-000-305.000-029 & 33-16-17-000-201.002-029), providing ample space for a large-scale project. The proximity to a major hospital currently under construction on the opposite side of I-70 further enhances the property's value and potential. The site boasts frontage on I-70, ensuring high visibility and accessibility. Easements provide multiple access points to the property, as illustrated in accompanying photos. While the property south of I-70 is excluded from the sale, the substantial acreage available presents a compelling opportunity for a significant industrial complex or trucking terminal. The asking price is $4,500,000. This property is designated for highest and best use, which is industrial, HB1 or GB. An informal video showcasing the property is available online.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Knightstown
    County
    Henry
    State
    Indiana
    Longitude
    -85.5695
    Latitude
    39.8525

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      6350 Us Hwy 40

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      3,312 SF

      6636 Old National Rd

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      4 Grant St

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    Similar Nearby for Sale

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      Prime I-70 Industrial Land

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    • New
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    • New
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    In-109
    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
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