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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 | Property Type | Land |
Sale Type | Investment | Property Subtype | Agricultural |
No. Lots | 1 | Total Lot Size | 46.61 AC |
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 | Lot Size | 46.61 AC |
Price Per AC | $20,382 |
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.) |
Presented by
Geswein Farm & Land Realty
6769 N State Road 931 - SR931 Frontage INDY-KOKOMO Corridor
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