Technical
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Property profile

0 Kelley Rd Frankfort, IN 46041

OFF-MARKET
Land
88 ac lot
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Property summary

AI-generated overview

This exceptional 88-acre property presents a remarkable opportunity for residential development on the southeast edge of Frankfort, Indiana. Conveniently located near the intersection of State Road 28 and 421, this land offers easy access to Frankfort and surrounding areas, providing future residents with seamless connectivity. The property is comprised of two distinct parcels, adding flexibility to development plans. Its location on the edge of town ensures proximity to essential services and amenities while maintaining a desirable suburban setting. The asking price for this expansive tract is $1,992,000. Detailed surveys and site plans are available upon request. This is an ideal location for a variety of residential projects, from single-family homes to larger-scale developments. The substantial acreage allows for creative and expansive design possibilities, catering to a wide range of housing needs and preferences. With its strategic location and significant size, this property represents a compelling investment opportunity for developers seeking to capitalize on the growing demand for residential properties in the Frankfort area. The property's zoning and potential for future development should be independently verified. The address is E Kelley Road, Frankfort, IN 46041, located in Clinton County.

Property profile

Verified
Property type Land
Lot 88 ac (3,833,280 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Kelley Rd Frankfort, IN 46041
Frankfort metro
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Value estimations

Realmo proprietary · 4 methods
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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
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