1000 Cloverdale In 46120 Cloverdale, IN 46120

This exceptional 171.48-acre property presents a unique investment opportunity in Cloverdale, Indiana. Zoned R-1 and C-1, it allows for diverse development options, including residential, commercial, or a mixed-use project. Situated conveniently near I-70 (1.3 miles), this location offers easy access to major employment centers in Indianapolis, Bloomington, and Terre Haute (all within 45 minutes). Regional airports in Greencastle and Terre Haute are less than 35 minutes away, and multiple universities, including IU Bloomington and Indiana State, are within a 50-minute radius. The property benefits from its location within a Federally Designated Opportunity Zone, offering potential tax advantages. Municipal water and sewer are readily available at the site, with capacity at both the north and south ends. The asking price is $2,400,720, translating to $14,000 per acre. This expansive land parcel across from the C Bar C Arena represents a rare chance to capitalize on a thriving area with excellent infrastructure and accessibility. The property's versatility and strategic location make it an ideal choice for developers seeking a high-impact project.