Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    6500 State Rd 66 & Industrial Ln Alton, IN 47137

    For Sale
    $6,874,000

    98.2 Acres, $6.87M, I-64 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 98.2-acre agricultural property presents a unique investment opportunity in Crawford County, Indiana. Located at 6500 State Road 66 & Industrial Lane, Leavenworth, IN 47137 (APN 131124105001000003), this mostly cleared and tilled land boasts unparalleled access and visibility. Situated approximately 34 miles west of Louisville, Kentucky, the property enjoys prime Interstate 64 frontage at an exit, providing exceptional exposure. The land is free and clear of debt, and the seller is open to creative financing options. This location offers significant advantages, including proximity to a brand-new Love's Truck Stop and Jasper Engines Manufacturing. All utilities are readily available, including sewer, water, gas, and electric. Importantly, the property is currently unzoned, allowing for a wide range of development possibilities, from industrial and multi-family to retail uses. This presents a rare chance to capitalize on the path of progress in a rapidly developing area, benefiting from its strategic location and versatile zoning potential. The asking price is $6,874,000, with a land value of $70,000 per acre. This is a truly exceptional opportunity for investors seeking high-potential land with significant development flexibility.

    Property Features for 6500 State Rd 66 & Industrial Ln

    General Information

    Property type
    Farms
    Lot Size
    4,277,592 SF

    HighLights

    • Unzoned land allowing for diverse development, including industrial, multi‑family, and retail uses.
    • Opportunity Zone property with readily available utilities (sewer, water, gas, electricity).
    • Mostly cleared and prepared for immediate construction.
    • I‑64 frontage, approximately 34 miles west of Louisville, at the exit.
    • Adjacent to a new Love's Truck Stop and Jasper Engines manufacturing facility.
    • Debt‑free property with a seller open to various offers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alton
    County
    Crawford
    State
    Indiana
    Longitude
    -86.438974
    Latitude
    38.1572869

    Nearby Comparable

    • $270,000
      8.50 Acres

      Established Sulphur Farm Business for Sale

      Profitable nursery, 8.5 acres, excellent location.
      347 St Rd, Sulphur, IN 47118
      View Details
    • $65,000

      but Seller will not repair. Priced to sell. Square Footage is approximate. It's up to Buyer or Buyers agent to determine if it's important for the exact. Back on Market due to buyers financing.""""}"""

      Leavenworth Investment Opportunity
      1St St, Leavenworth, IN 47137
      View Details
    • $85,000
      8.41 Acres

      Ohio Riverfront Acreage For Sale

      8.9 acres of riverfront land with electric access.
      1633 Boone Hollow Rd, Battletown, KY 40104
      View Details
    • $219,500
      0.63 Acres

      764 Nelson St, Leavenworth, IN 47137

      Investment properties • 0.63 Acres
      764 Nelson St, Leavenworth, IN 47137
      View Details

    Nearby Similar for Sale

    • $219,500
      0.63 Acres

      764 Nelson St, Leavenworth, IN 47137

      Investment properties • 0.63 Acres
      764 Nelson St, Leavenworth, IN 47137
      View Details

    FAQs

    What type of property is this?
    Farm - 98.2 Acres, $6.87M, I-64 Frontage
    Where is this farm located?
    The property is located at 6500 State Rd 66 & Industrial Ln Alton, IN.
    What is the asking price?
    The asking price for this property is $6,874,000.
    What are key features of this property?
    This property features: Unzoned land allowing for diverse development, including industrial, multi-family, and retail uses.; Opportunity Zone property with readily available utilities (sewer, water, gas, electricity).; Mostly cleared and prepared for immediate construction.
    Request Owner's contact information
    6500 State Rd 66 & Industrial Ln Alton, IN 47137
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6500 State Rd 66 & Industrial Ln
    Alton, IN 47137
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6500 State Rd 66 & Industrial Ln Alton, IN 47137
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.