56 St Rd, French Lick, IN 47432
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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