Land For Sale • 63.83 AC
4204 W County Road 300 N, Greensburg, IN 47240 Adams Rail Industrial Park is a premier 63.83 AC shovel-ready development opportunity located in Greensburg, Indiana — directly adjacent to the 2.4 million square foot Honda Manufacturing of Indiana facility. This certified Gold Site features on-site rail access, full utility infrastructure, and flexible zoning for a wide range of industrial and commercial uses. With excellent highway and rail access, a deep labor pool, and a variety of local and state development incentives available, Adams Rail Industrial Park offers unmatched value and speed-to-market advantages for developers, manufacturers, logistics firms, and build-to-suit users. Site Summary Total Land Area: 63.83 Acres Zoning: 48.64 Acres Zoned I-1 (Industrial) 15.19 Acres Zoned B-3 (Commercial) Minimum Divisible: 15 Acres Topography: Flat, cleared farmland Certification: Indiana Site Certified Gold Site Due Diligence: Phase I Environmental Assessment (Feb 2007) ALTA Survey (Aug 2007) Infrastructure and Utilities Adams Rail Industrial Park is fully equipped for industrial development, with utility infrastructure in place or planned, and rail access already available. Electric: Decatur County REMC Dual-feed, 3-phase service from a 14MW substation Gas: CenterPoint Energy 16-inch natural gas main on-site Water: Decatur County Rural Water 16-inch water line on-site Sewer: City of Greensburg Municipal sewer extension is planned and budgeted Telecom/Fiber: Great Plains / Intelligent Fiber Network (IFN) This infrastructure is suitable for heavy utility users such as advanced manufacturers, food processors, or logistics hubs requiring high throughput. Transportation Access and Logistics The site offers excellent multimodal access for local, regional, and national distribution: On-Site Rail Access: Central Railroad Company of Indiana (CIND), part of Genesee and Wyoming Interchanges with CSX Transportation, Norfolk Southern, and Canadian National Ideal for bulk distribution, raw material delivery, or outbound finished goods Highway Access: 2 miles to Interstate 74 1 mile to US Highway 421 3 miles to State Roads 3 and 46 Air Access: 4 miles to Greensburg/Decatur County Airport 57 miles to Indianapolis International Airport Water Access: 80 miles to the Port of Cincinnati (Ohio River access) Adams Rail Industrial Park's location allows companies to efficiently serve the Indianapolis, Cincinnati, and Louisville markets, all within a 90-minute drive. Labor Market and Employers The site benefits from a skilled regional workforce and strong industrial presence: Population within 45-Minute Drive: 752,203 Workforce within 45 Minutes: 384,573 Average Household Income: 74,186 Average Annual Wage: 42,530 Key Regional Employers Include: Honda Manufacturing of Indiana – 3,000 employees Valeo – 955 employees Gecom Corporation – 770 employees Delta Faucet, Walmart Distribution, Hitachi, and more Greensburg offers a stable and experienced labor force, particularly in automotive manufacturing, assembly, and distribution industries. It is also a region where employers experience lower turnover and competitive wage structures relative to major metro areas. Economic Development Incentives The site lies within a designated Foreign Trade Zone (FTZ) and INZone Redevelopment Area, providing significant potential cost savings and incentive support. Available programs include: Hoosier Business Investment Tax Credit Up to 30 percent of qualified capital investment EDGE Payroll Tax Credit Up to 3.09 percent annual credit on new payroll for up to 10 years SEF and TECH Workforce Grants For employee training, tech upgrades, and workforce onboarding Tax Increment Financing (TIF) Administered through Decatur County Redevelopment Commission Real and Personal Property Tax Abatements Up to 10-year abatements available Our team can facilitate introductions to city, county, and state officials to tailor an incentive package based on the scope of your project. Development Potential and Use Cases This site is ideally suited for: Rail-Served Industrial Development Build-to-Suit for Automotive Tier 1 or Tier 2 Suppliers Advanced Manufacturing or Precision Fabrication Cold Storage or Food Processing Facility Logistics and Regional Distribution Hub Spec Industrial or Flex Development Bulk Material or Packaging Operations A proposed 100,000 to 150,000 SF shell building concept is available for developers or tenants seeking fast-track site prep and construction timelines. Investment Highlights: Adjacent to Honda Plant – Ideal for auto supply chain users Certified Shovel-Ready – Saves time and reduces development risk Rail Access On-Site – One of few available rail-served parcels in Southeast Indiana Heavy Utility Capacity – Supports intensive industrial operations Flexible Zoning – I-1 and B-3 enable phased or mixed-use industrial parks Speed-to-Market – Infrastructure and approvals make this site fast-moving Incentive-Qualified – Major tax benefits and grants available Labor Access – Skilled workforce without the congestion of major metros
| Adjacent to Honda Plant – Ideal for auto supply chain users |
| Certified Shovel-Ready – Saves time and reduces development risk |
| Rail Access On-Site – One of few available rail-served parcels in Southeast Indiana |
| Heavy Utility Capacity – Supports intensive industrial operations |
| Flexible Zoning – I-1 and B-3 enable phased or mixed-use industrial parks |
| Speed-to-Market – Infrastructure and approvals make this site fast-moving |