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I-65 (Exit 36) - 21 Acre Untapped Market on I-65

21.2 Acres of Commercial Land Offered at $3,100,000 in Crothersville, IN 47229

Investment Highlights

  • Four-way interchange on I-65 (Exit 36) with great visibility and immediate access.
  • A "Midway Oasis" in southern Indiana and surrounding states. An untapped market with tremendous upside.
  • Business friendly environment.
  • Willing to divide the parcel from 12 to 21.2 acres. An additional +/- 35 acres could be added.
  • All utilities, water and sewer available to the site.

Executive Summary

• Pricing: $146,200.00 per acre
• Willing to divide from 12 to 21.2 acres
• Immediate access to I-65
• Currently Zoned Agricultural/ will rezone site for specified use
• All utilities, water and sewer available to the site
• 740 linear feet frontage along U.S. Highway 31
• Real estate taxes $657.22
• Business friendly environment

Attachments

A Midway Oasis

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per AC
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $3,100,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Convenience Store
  • Distribution
  • Healthcare
  • Medical
  • Research and Development
  • Refrigeration or Cold Storage
  • Rehabilitation Center
  • Retail Warehouse
  • Service Station
  • Truck Stop
  • Truck Terminal
  • Warehouse
Total Lot Size 21.20 AC

1 Lot Available

Lot

Price $3,100,000
Price Per AC $146,226
Lot Size 21.20 AC

Site is flat with no apparent site issues. All utilities, water and sewer available to the site. Frontage will allow for multiple access points along U.S. Highway 31.

Description

Ideal location for a Travel Center or Fuel/ Convenience Users. An additional +/- 35 acres could be added to the development. Strategically located Midway between Indianapolis and Louisville on a prime four-way interchange at I-65 and U.S. Highway 31. Indiana Department of Transportation planing to add a third lane in each direction along I-65 in this area to accommodate future traffic loads.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 36-46-23-200-005.001-015
  • 36-46-23-200-001.002-015
Land Assessment
$37,600 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$37,600 (2023)

zoning

Zoning Code AGR (Currently zoned Agricultural. Developer will rezone property for specific use.)
AGR (Currently zoned Agricultural. Developer will rezone property for specific use.)
  • Listing ID: 31808130

  • Date on Market: 5/15/2024

  • Last Updated:

  • Address: I-65 (Exit 36), Crothersville, IN 47229

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