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    850 Fairland, IN 46126

    For Sale
    $1,300,000

    Agricultural land, excellent potential, I-65 proximity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 18.2-acre parcel of agricultural land presents a compelling investment opportunity in Fairland, Indiana. Located conveniently near Interstate 65, this property offers significant potential for diverse uses beyond traditional agriculture. The permitted zoning is strictly agricultural, providing a solid foundation for farming operations or related ventures. The expansive lot size allows for ample space for cultivation, livestock, or other agricultural pursuits. Its strategic location near the interstate provides easy access to transportation networks, opening up possibilities for commercial or light industrial development, subject to any necessary zoning changes and approvals. The asking price for this sizable tract is $1,300,000. Detailed site surveys and environmental assessments are recommended for prospective buyers to fully understand the property's capabilities and potential development opportunities. The property's address is 0 N 850 W, Fairland, IN 46126, situated within Shelby County. This property is ideal for investors seeking a versatile land holding with strong potential for future growth and development in a convenient location. Serious inquiries are encouraged.

    Property Features for 0 850

    General Information

    Property type
    Farms
    Lot Size
    792,792 SF

    HighLights

    • 18.2‑acre agricultural parcel in Fairland, IN, near I‑65.
    • Zoned agricultural, with potential for diverse uses (subject to zoning changes).
    • Asking price: $1,300,000.
    • Located at 0 N 850 W, Fairland, IN 46126 (Shelby County).
    • Significant commercial/light industrial potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairland
    County
    Shelby
    State
    Indiana
    Longitude
    -85.9427362
    Latitude
    39.660032

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    FAQs

    What type of property is this?
    Farm - Agricultural land, excellent potential, I-65 proximity.
    Where is this farm located?
    The property is located at 850 Fairland, IN.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 18.2-acre agricultural parcel in Fairland, IN, near I-65.; Zoned agricultural, with potential for diverse uses (subject to zoning changes).; Asking price: $1,300,000.
    Request Owner's contact information
    850 Fairland, IN 46126
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    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
    850 Fairland, IN 46126
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