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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



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 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 50.33 AC |
| Zoning | M1 - M2 | ||
| 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 | Lot Size | 50.33 AC |
| Price Per AC | $68,644.98 CAD |
| 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
| Parcel Number | 46-15-08-100-003.000-066 | Improvements Assessment | $0 CAD |
| Land Assessment | $272,521 CAD | Total Assessment | $272,521 CAD |
PROPERTY TAXES
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7264 S 1st Rd - Knop Property, Kingsbury Industrial Park
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