0 Rangeline Rd Anderson, IN 46017
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.
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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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.