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Property profile & analytics
OFF-MARKET
Land

0 Kelley Rd Frankfort, IN 46041

88 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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