39 & Keller Hl Rd Monrovia, IN 46157
This exceptional 80-acre parcel presents a significant industrial development opportunity in Monrovia, Indiana. Currently zoned for agricultural use, the property is strategically positioned within the Monrovia Comprehensive Plan's designated industrial zone, paving the way for future industrial development. Its location offers convenient access to Interstate 70 via State Route 39, further enhanced by the recently improved I-70 and SR 39 interchange. This prime location provides seamless connectivity to major transportation arteries, facilitating efficient logistics and distribution. The site's proximity to the Indianapolis International Airport adds another layer of strategic advantage, making it an attractive location for businesses requiring air freight access. The expansive acreage allows for substantial development potential, catering to a wide range of industrial projects. This is a rare opportunity to acquire a large, well-located tract of land poised for significant growth within a thriving industrial corridor. The property's zoning designation, coupled with its excellent infrastructure access and proximity to key transportation hubs, makes it an ideal investment for developers seeking to capitalize on the region's robust industrial market. This is a unique chance to secure a substantial land holding in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.