0000 St Rd Laurel, IN 47024
This exceptional 161+/- acre property in Franklin County, Indiana, presents a unique investment opportunity. Recently harvested mature timber offers immediate sustainable resource potential, while the diverse terrain provides ample space for various uses. Multiple buildable sites with panoramic views are scattered across the land, ideal for residential, commercial, or mixed-use development. The property boasts a well-established trail system perfect for hiking, biking, and horseback riding, enhancing its recreational appeal. The varied topography and wooded areas create an ideal hunting environment, attracting a diverse wildlife population. Located near Laurel, Indiana, at 0000 St Road 121, zip code 47024 (APN: 24-02-28-300-005.000-010, 8007013104, 8007013201, 24-02-33-100-004.000-010), this property offers a blend of natural beauty and economic potential. Its strategic location and varied uses make it attractive to developers, investors, and outdoor enthusiasts. The asking price is $949,900. Note that property lines are estimates. This land offers a multitude of possibilities, from sustainable timber harvesting to creating a private recreational retreat or developing a unique residential community. The combination of mature timber, diverse wildlife, and scenic views makes this a truly exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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