I-65 & Sr 28 Frankfort, IN 46041
This exceptional 37-acre parcel in Frankfort, Indiana, offers unparalleled commercial and industrial development potential. Strategically located at the I-65 and State Road 28 interchange, this property boasts convenient access to major transportation routes, placing it within a 20-minute radius of both the new Lilly Plant in Lebanon's LEAP District and the Purdue Research Park in West Lafayette. Already zoned B5, rezoning is complete, and the land is ready for immediate platting. A preliminary site plan incorporates additional off-site water storage, addressing a key infrastructure need. All utilities are readily available at or near the site. The versatile B5 zoning allows for a wide range of uses, from hospitality ventures like hotels and gas stations to light manufacturing and industrial flex spaces. This prime location, coupled with its infrastructure readiness and flexible zoning, presents a unique opportunity for significant return on investment. The property is situated in Clinton County, Indiana, with a zip code of 46041. This is a rare chance to acquire a large, well-situated tract of land perfectly positioned for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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