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4204 W County 300 N Rd
Greensburg, IN 47240

$3,200,000 USD

Land For Sale  •  63.83 AC

Property Details

  • Property Type Land
  • Lot Size 63.83 AC
  • Zoning I-1, B-3
0 Transit Score
0 Walk Score

Description

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

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

Property Flyers

James Storey 317-519-5178 JDM Partners
James Storey 317-519-5178 JDM Partners