S State Road 109, Knightstown, IN 46148

$1,125,000

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List Price
$1,125,000
MLS#
22073584
Property Type
Land
Days on Market
257
Status
ACTIVE

Property Description

Approximately 25 Acres Of Versatile Land - Knightstown, Indiana (I-70 Exit 115)... Approximately 25 Acres Of Open Farmland Positioned Directly Behind The Loves Travel Stop And Just Off The Interstate 70 Knightstown Exit (Exit 115). This Tract Is Part Of A Larger Group Of Properties Owned By The Seller; However, Only This Specific Lot Is Being Offered For Sale. The Land Currently Holds Agricultural Zoning But Offers Strong Potential For Commercial Conversion, Given Its Strategic Location, Existing Traffic Flow, And Proximity To Established Travel-Oriented Businesses. A Portion Of The Property Lies Near The Floodway And Partially Within A Flood Zone, Making It Well-Suited For Uses Such As Agriculture, Solar Farms, Trailer Storage, Outdoor Recreation, Camping, Or Other Low-impact, Flexible-Use Concepts. Higher-elevation areas provide additional placement options depending on desired development. Two Recorded Easements, Set As Deed Restrictions On The Loves Travel Center, Provide Dedicated Access From State Road 109, Increasing The Property's Utility And Keeping Access Costs Low. Utilities Will Require Installation Of A Septic System And Well, If Desired. Seller Willing To Subdivide For Multiple Buyers. Located Near The New Henry County Community Health Facility And Within A Rapidly Developing Commercial Corridor Along I-70. This Property Offers Rare Scale, Immediate Interstate Connectivity, And Strong Long-Term Investment Potential For Developers, Investors, And Users Seeking Affordable Land With Flexible-Use Options. Taxes Are NOT Accurate.

Additional Information

Present Zoning
Agricultur
Number of Lots
2
Land Characteristics
Irregular Lot, See Remarks
Topography
Cleared, Flood Plain Partial, Flood Way, Sloping, See Remarks
Soil Type
Not Applic
Development Status
Easements, Zoning Change Required
Facilities on Site
None
Facilities near Site
Electric
Water
Well Required
Sewer
Septic Needed
Road Access
See Remarks
Road Frontage
State Road
Road Surface
See Remarks
Acres
25
Water
Well Required
Region
Wayne

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Calculator source: Real Geeks

Listing courtesy of Highgarden Real Estate.

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