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Listed by Albert Stancato • Highgarden Real Estate
$ 1,125,000
Est. payment | /mo
25 Acres Lot
$ 1,125,000
Est. payment | /mo
25 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22073584
Tax Year 2024
Lot Size 25.000 Acres
Acres 25.0
Property Sub-Type Unimproved Land
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.
Location
State IN
County Henry
Zoning Agricultural
Interior
Fireplace N
Building
Sewer Septic Needed
New Construction false
Schools
Elementary Schools Tri-Elementary School
High Schools Tri Junior-Senior High School
School District South Henry School Corp
Others
Acceptable Financing See Remarks
Listing Terms See Remarks
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