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Property profile & analytics
OFF-MARKET
Land

0 County Rd 375 Frankfort, IN 46041

47.23 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 47.231-acre industrial land parcel presents a unique investment opportunity in Frankfort, Indiana. Strategically located near I-65 and zoned I-1, this shovel-ready site boasts immediate access to Norfolk Southern rail service via a spur terminating on the property's southeast corner. All utilities are conveniently located on-site, minimizing development hurdles. The property's potential for off-site water retention on the west side of County Road 375 W further enhances its appeal. Ideal for various manufacturing uses, including food processing and agribusiness, this site is perfectly suited for businesses requiring efficient rail access. Preliminary title work, a Phase I environmental assessment, and a survey have already been completed, expediting the development process. The asking price is $3,542,325, translating to $55,000 per acre. Located in the business-friendly environment of Frankfort and Clinton County, this property offers a compelling combination of location, infrastructure, and zoning, making it an attractive proposition for discerning investors and developers. The site's readiness for immediate development ensures a swift return on investment.

Property profile
Verified
Property type Land
Lot 47.23 ac (2,057,382 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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