2401 E Wabash St Frankfort, IN 46041
For Sale
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This exceptional 0.75-acre commercial outlot presents a prime retail development opportunity in Frankfort, Indiana. Located at 2401 E Wabash Street, this property boasts a highly visible position along a main thoroughfare, surrounded by a thriving retail environment. Neighboring businesses include established national brands such as Rural King, Papa John's, Taco Bell, Anytime Fitness, and Regions Bank, as well as popular regional retailers like Walmart, Aldi, and Ruler Foods. This strategic location ensures high traffic volume and excellent visibility for any new business. The site currently features a detention pond which will require re-engineering to accommodate new construction. The average household income within a 15-mile radius exceeds $70,000, indicating a strong consumer base with significant spending power. This outlot is ideal for a variety of retail uses and represents a rare opportunity to establish a presence in a robust and growing market. The property is zoned for commercial use within Clinton County, Indiana, and offers immediate access to major roadways, ensuring convenient access for customers and employees. This is a turnkey opportunity for developers seeking a high-visibility location with strong demographics. The 0.75-acre lot size provides ample space for a variety of development plans. Contact us today to learn more about this exceptional retail outlot opportunity.
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Rural King Guns Gun Shop
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Rural King Supply Clothing & Fashion Store
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Rural King Big Box & Wholesale Store Agricultural Supply
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.