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    OFF-MARKET
    Land

    6500 State Rd 66 & Industrial Ln, Alton, IN 47137

    98.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 98.2 ac (4,277,592 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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