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    OFF-MARKET
    Land

    56 St Rd, French Lick, IN 47432

    30 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 30+ acre property in Dubois County, Indiana, presents a unique opportunity near French Lick. Ideally situated along State Road 56, it offers a blend of recreational pursuits and potential for residential development. Currently featuring timberland with a creek along its northern border, the property is slated for an upcoming timber harvest. Post-harvest, a new road system will improve access and create potential building sites. Abundant wildlife, including deer and turkeys, inhabit the acreage. An additional 30 acres of adjoining land may also be available for purchase. While a survey is pending, the owners are open to considering different parcel divisions. Given the scarcity of smaller land parcels in the area, this property represents a compelling investment. The property is conveniently located minutes from French Lick, offering the tranquility of rural living with easy access to town amenities. The zip code is 47432.

    Property profile
    Verified
    Property type Land
    Lot 30 ac (1,306,800 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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