Technical
Financial
Distress signals
Property profile

0 County Rd 375 Frankfort, IN 46041

OFF-MARKET
Land
47.23 ac lot
Saved · see the list in your Dashboard

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

Location

County Rd 375 Frankfort, IN 46041
Frankfort metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own County Rd 375?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message