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Property profile & analytics
OFF-MARKET
Land

0 Rangeline Rd Anderson, IN 46017

90 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 90+/- acre property in Anderson, Indiana, presents a compelling investment opportunity. Approximately 77 acres are tillable, ideal for corn and soybean rotation, showcasing fertile soil and strong agricultural potential. The land boasts convenient road frontage on South Rangeline Road, providing excellent accessibility. Its strategic location offers less than two miles of proximity to I-69, ensuring seamless connectivity to major transportation routes. Furthermore, the property's proximity to Harrah's Hoosier Park Racing and Casino adds to its appeal, suggesting potential for future development or expansion. This versatile land offers unmatched potential for agricultural endeavors or diverse development projects, making it an excellent long-term investment. The property's size, tillable acreage, and strategic location combine to create a rare opportunity in the thriving Anderson market. This is a chance to acquire a significant landholding with established agricultural use and considerable future development potential. The property is zoned for farm, industrial, and business uses, offering flexibility for a variety of investment strategies. Serious inquiries are encouraged to explore this unique investment opportunity further. The asking price is $1,249,900. The property is located at 0 Rangeline South Rd, Anderson, IN 46017.

Property profile
Verified
Property type Land
Lot 90 ac (3,920,400 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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