31 And Sr 28 Tipton, IN 46072
Exceptional 137-acre commercial land opportunity in Tipton, Indiana, situated at the intersection of US 31 and State Road 28. This strategically located property offers high visibility and accessibility, boasting a high traffic volume due to a newly opened interchange. The land is zoned for business use and features existing infrastructure and utilities, making it ideal for swift development. Parcels are divisible, ranging in size from 12 to 71 acres, and larger configurations are also available, allowing for flexibility in development plans. The site is perfectly positioned to serve the needs of hotels, restaurants, and commercial/industrial ventures. Its central location between Indianapolis, Kokomo, Lafayette, and Lebanon/Whitestown provides easy access to a large and growing market. The property encompasses 5,967,720 square feet and presents a unique opportunity for investors and developers seeking a shovel-ready site with significant potential for growth. The reduced price makes this an even more compelling 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
Similar Nearby for Sale
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.