0 County Rd 375 Frankfort, IN 46041
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.
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
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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.