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State Road 28 - 4 - 60 Acre Development Opportunity -Tipton

59 Acres of Commercial Land Offered at £2,844,036 in Tipton, IN 46072

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Investment Highlights

Frontage along U.S 31
Level topography

Prime for Development

Executive Summary

Excellent development opportunity. Up to 59 acres of prime development land located just north and west of intersection of State Road 28 and U.S 31. The area around this property is currently under development, a newly built Loves Travel Station and an Auto Dealership just to the south of the property. Property is currently zoned AG. Approximately 1961 feet of road frontage along U.S 31

Tipton Flyer Site Plan Mar 2020

Jackson Property Tipton flyer

Property Facts

Price	£2,844,036	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Apartment Units Auto Repair Distribution Healthcare Hospital Hotel Office Park Warehouse
No. Lots	1	Total Lot Size	59.00 AC
Property Type	Land	Cross Streets	U.S 31

Price	£2,844,036
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Apartment Units Auto Repair Distribution Healthcare Hospital Hotel Office Park Warehouse
Total Lot Size	59.00 AC
Cross Streets	U.S 31

1 Lot Available

Lot

Price	£2,844,036	Lot Size	59.00 AC
Price Per AC	£48,204

Price	£2,844,036
Price Per AC	£48,204
Lot Size	59.00 AC

59 Acres total. Can reduce to 4 acre parcels. Zoned AG. Flat terrain. Currently farm/crop Land. Approximately 1,961 feet of road frontage along U.S 31

Description

4 acres (up to 60 Acres total available) of farm land. 52.50 acres buildable after detention pond allocation, Land is currently being used for crop production. Property is located northwest of the intersection of State Road 28 and U.S 31. Approximately 1,961 feet of road frontage along U.S 31.

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PROPERTY TAXES

Parcel Number	80-12-12-100-006.000-003	Improvements Assessment	£0
Land Assessment	£89,788	Total Assessment	£89,788

PROPERTY TAXES

Parcel Number

80-12-12-100-006.000-003

Land Assessment

£89,788

Improvements Assessment

£0

Total Assessment

£89,788

zoning

Zoning Code	AG
AG

Fred Krawczyk
Jordan Kornmann
Spencer Evans
Envoy Real Estate

(317) 294-4425

Listing ID: 17497513
Date on Market: 18/10/2019
Last Updated:
Address: State Road 28, Tipton, IN 46072

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State Road 28, Tipton, IN for sale Building Photo- Image 1 of 3 — businesses

State Road 28, Tipton, IN for sale Building Photo- Image 2 of 3 — Main

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