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Property profile & analytics
OFF-MARKET
Land

New Big Springs Rd New Pekin, IN 47165

7.8 ac lot
Property ID
Property summary
AI-generated overview

This 7.8-acre wooded property in Pekin, Indiana, presents a unique opportunity for outdoor enthusiasts and those seeking a tranquil escape. Located on E Side S Big Springs Rd, this land boasts mature trees and abundant wildlife, including deer and turkey. A perk test has already been completed, simplifying the process of septic installation for future construction. The property offers convenient access from two roads, providing flexibility and ease of use. Its prime location offers a balance of seclusion and accessibility, situated approximately 40 minutes from Patoka Lake's recreational amenities and a short 30-minute drive to Louisville, Kentucky. This versatile land is ideal for building a home, cabin, or simply enjoying the natural beauty of the Indiana countryside. The property's zoning and potential uses should be verified independently by the buyer. The asking price for this exceptional wooded acreage is $89,700. The zip code is 47165, and the property is situated in Washington County. This is a rare opportunity to acquire a substantial piece of land in a desirable location.

Property profile
Verified
Property type Land
Lot 7.8 ac (339,768 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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