1200 West Point, IN 47992
- Land
- 245.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 1200
- Lot size
- 245.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 245+/- acre agricultural property in Tippecanoe County, Indiana, presents a compelling investment opportunity. Located near Lafayette, IN, with a West Point mailing address (zip code 47992), this farmland boasts high-quality soils and is fully pattern tiled, maximizing productivity. The property's strategic location offers convenient access to major grain markets, including Cargill and Tate & Lyle, and ethanol plants. Water availability is ensured by high annual rainfall and proximity to the Teays River Aquifer. The strong cash rent environment and competitive local agricultural economy contribute to a robust return on investment (ROI) of $416 per tillable acre. This unique farmland holding is situated in a thriving agricultural region, benefiting from the presence of strong farm operators and the proximity to Purdue University and the WHIN Ag Tech Hub. The property's potential extends beyond traditional farming, with opportunities to explore climate and carbon intensity initiatives, biodiversity enhancement, water resource management, and improved water quality. This is a rare chance to acquire a highly productive and strategically located farmland asset with significant long-term growth potential. The permitted zoning is agricultural.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Point
- County
- Tippecanoe
- State
- Indiana
- Longitude
- -87.0517
- Latitude
- 40.2434