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    60 Liberty St North Liberty, IN 46554

    For Sale
    $2,950,000

    60 Acres, Prime Mining Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 60.03-acre commercial land parcel in St. Joseph County, Indiana, presents a significant investment opportunity. Located near North Liberty (South Bend area, zip code 46554), this property boasts an estimated 9.5 million tons of sand and 2.5 million tons of gravel, with the sand meeting Indiana Department of Transportation (INDOT) Spec 23 standards, verified by both INDOT and on-site lab testing. The site features road frontage on Osborne Road, gated access, and an internal road providing access to the entire property. Existing utility infrastructure and a concrete pad for a truck scale are already in place. While no mining equipment remains, this presents a clean slate for a new operation. Access to State Road 4 is facilitated by a pre-existing easement on the southwest corner

    Property Features for 60 Liberty St

    General Information

    Property type
    Land
    Lot Size
    2,614,907 SF

    HighLights

    • Two INDOT‑certified sand mines currently in operation, producing spec 23 sand.
    • Existing on‑site utilities.
    • 9.5 million tons of proven sand reserves.
    • 2.5 million tons of gravel reserves.
    • Contractual easement provides access to SR 4 for material extraction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Auto Repair Shop Gym & Fitness Auto Parts Store Food Market Bar & Pub Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Liberty
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.427234
    Latitude
    41.5342125

    Nearby Comparable

    • $2,250,000
      109.00 Acres

      North Liberty Grain Farm Opportunity

      109-acre grain farm with custom home, shop, and pool.
      63341 Thorn Rd, North Liberty, IN 46554
      View Details
    • $259,000
      0.08 Acres

      Downtown Walkerton Commercial Property

      Established Cafe & Rental Apartments
      600 Roosevelt Rd, Walkerton, IN 46574
      View Details

    FAQs

    What type of property is this?
    Land - 60 Acres, Prime Mining Land
    Where is this land located?
    The property is located at 60 Liberty St North Liberty, IN.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: Two INDOT-certified sand mines currently in operation, producing spec 23 sand.; Existing on-site utilities.; 9.5 million tons of proven sand reserves.
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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
    60 Liberty St North Liberty, IN 46554
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