County Rd 375 Frankfort, IN 46041
- Land
- 47.23 lot acres
Current Use by Public Records
- Land
Property Details for 0 County Rd 375
- Lot size
- 47.23 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Frankfort
- County
- Clinton
- State
- Indiana
- Longitude
- -86.5727
- Latitude
- 40.2865
