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Property profile & analytics
OFF-MARKET
Land

0 In-109 Knightstown, IN 46148

60 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 60 ac (2,613,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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