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 Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Knightstown
- County
- Henry
- State
- Indiana
- Longitude
- -85.5695
- Latitude
- 39.8525
