Listed By: Valerie Fields Show Phone

Source: Homes-forsale.idxbroker

Added: May 31 Changed: Oct 6 Last Checked: Oct 16 at 5:46AM

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Investment Insights

Based on property information with market context.

This offering consists of 394.97 acres of land with potential for commercial or residential development, situated on the west edge of Danville. The property is located across from Danville Community High School, a Casey's General Store, a Dollar General, and the Clear Creek residential neighborhood. The land features productive farmland with Miami, Crosby, and Brookston soils. Included in the sale are a rental home, a farm barn, and a pole barn located on US 36, though these structures are considered to have no contributing value. A two-story house and 2.058 acres on US 36 are not included in the sale.

Key Highlights

• 394.97 acres of land suitable for commercial/residential development.
• Located on the west edge of Danville, offering development potential.
• Adjacent to Danville Community High School, Casey's General Store, Dollar General, and a large residential neighborhood (Clear Creek).

Property Analytics

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Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

55

Businesses Nearby

Explore this area Business Placement

Demographics for 46122, IN

16,448

Population

6,405

Households

2.6

Avg Household Size

39

Median Age

35%

College-Educated

97%

High-School Grad

88.4 sq mi

ZIP Area

186

Density / Sq Mi

$94,290

Median Household Income

$48,893

Median Earnings

$1,112

Median Rent

$276,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Agricultural land / Farmland - Large land parcel near Danville Community High School.

Where is this agricultural land / farmland located?

The property is located at 1322 W Main Street Danville, IN.

What is the asking price?

The asking price for this property is $9,874,250.

What are key features of this property?

This property features: 394.97 acres of land suitable for commercial/residential development.; Located on the west edge of Danville, offering development potential.; Adjacent to Danville Community High School, Casey's General Store, Dollar General, and a large residential neighborhood (Clear Creek).