Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

7264 S 1st Rd - Knop Property, Kingsbury Industrial Park 50.33 Acres of Commercial Land Offered at $3,454,902 CAD in Kingsbury, IN 46345

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Excellent piece of land for development in the well established heavy infrastructure Kingsbury Industrial Park
  • Located directly next to Indiana Highway 6, a major connector to nearby I-94, Indiana Toll, and numerous other Indiana state highways, such as US 31
  • Rail Service by Canadian National (CN) can be provided to the location
  • High capacity electric, water, and sewer located on the property
  • The location is part of a Tax Increment Financing District

PROPERTY FACTS

Price $3,454,902 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 50.33 AC
Zoning M1 - M2

1 LOT AVAILABLE

Lot

Price $3,454,902 CAD
Price Per AC $68,644.98 CAD
Lot Size 50.33 AC

50.33 Acres

DESCRIPTION

Property consists of two contiguous parcels totaling 50.33 acres. This is a large rectangular shaped piece of land inside the front part of the large Kingsbury Industrial Park. Property is cleared of trees but will need some grading due to current use. Excellent access to 1st Line Road and Hupp Road which lead to Indiana Highway Six which is less than one mile from the location. Owner is willing to subdivide. Site is part of the Indiana Economic Development Corp. (IEDC) Strategic Sites Inventory (SSI) Program: Site is officially designated by IEDC as a high value site for Mega Site and Heavy Industrial Users or other uses such as medium and light industrial and agribusinesses. The site is NIPSCO (gas and electric supply) “Top Three” priority site for Northwestern Indiana. The site is 48 miles of Chicago, and 115 miles NW of Indianapolis. The Kingsbury Industrial Park (KOP) is a 846.7-acre Greenfield property. Located in the area North of Kingsbury, Indiana and South of The City of LaPorte in LaPorte County, Indiana. The City of LaPorte, serves as the county seat. The Kingsbury Industrial Park was nominated for advancement to SSI Phase II by LaPorte County officials and the Northern Indiana Public Service Company (NIPSCO). NIPSCO is the largest natural gas distribution company and one of the largest electric distribution companies in the state of Indiana. NIPSCO serves more than 821,000 natural gas customers and 468,000 electric customers across 30 counties. The subject site satisfies baseline quality criteria, aligns with LaPorte County industry targets, and is deemed competitive to attract high-value business investments in support of sustainable community job growth and economic prosperity. The property is located in the large Kingsbury Industrial Park a longtime well established industrial park with all types of heavy, medium and light industrial use, agricultural uses, and transportation, logistics, and warehouse users. The Kingsbury Industrial Park sites directly next Indiana Highway 6, and Indiana Highway 35, both major connectors to the Interstate 94, the Indiana Toll Road, Indiana Four Lane Highway U.S. 31, and Indiana Highway 421. The area is also served by Canadian National Railroad and rail access can take place directly to the site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
46-15-08-100-003.000-066
Land Assessment
$272,521 CAD
Improvements Assessment
$0 CAD
Total Assessment
$272,521 CAD
  • Listing ID: 33056567

  • Date on Market: 2024-09-04

  • Last Updated:

  • Address: 7264 S 1st Rd, Kingsbury, IN 46345

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}