This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

6769 N State Road 931 - SR931 Frontage INDY-KOKOMO Corridor

46.61 Acres of Agricultural Land Offered at $950,000 in Sharpsville, IN 46068

Investment Highlights

  • Excellent Development Opportunity
  • Income Generating
  • Road Frontage on US 931

Property Facts

Price $950,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 46.61 AC

1 Lot Available

Lot

Price $950,000
Price Per AC $20,382
Lot Size 46.61 AC

Prime development opportunity with frontage on US 931 and visibility from US 31 on the South side of Kokomo, IN. Income currently being generated from the rental of the two homes and cropland.

Description

Excellent Development Opportunity on the edge of Kokomo, IN! With approximately 1450' of road frontage on US 931 and 1320' of road frontage on 700 N along with visibility from US 31, this is a rare property that you don't see everyday. This is a prime travel corridor for those going from Indianapolis to South Bend. Are you not ready to develop the property or do you just want to own it as an investment for the future? That's not a problem. There are two homes on the property and 30 +/- acres of cropland generating a 2.9% Return on Investment while you wait. Additionally, the barns on the property could be rented to generate additional income. For those wishing to keep the property in agricultural production, it doesn't get much better than this for a direct to consumer business model. Other notable features include a pond and 5' perimeter fence once used to contain exotic and specialty livestock. Call Craig Stevenson at 574.870.4383 for more information and to schedule your private showing today! - 30 Minutes to Indianapolis, IN - 40 Minutes to Lafayette, IN - Less than 1 hr 30 min to South Bend and Fort Wayne - Approximately 2770' paved road frontage - Frontage on US 931 and visibility from US 31

zoning

Zoning Code AG (Agriculture. Zoning changes or variances considered on a case by case basic by Tipton County.)
AG (Agriculture. Zoning changes or variances considered on a case by case basic by Tipton County.)
  • Listing ID: 32654768

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 6769 N State Road 931, Sharpsville, IN 46068

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() }} characters 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') }}