0 Lincoln Springs Rd Depauw, IN 47115
This 8.62-acre commercial land parcel presents a unique investment opportunity in the serene town of Depauw, Indiana, within Harrison County. Located at NW Lincoln Spring, this property (APN 31-05-07-100-007.000-001) is priced at $75,000 and offers significant potential. The land boasts a picturesque setting, characterized by a lush, tree-covered landscape and rolling hills. Utilities are conveniently located at the roadside, simplifying the development process. The property's size allows for multiple potential building sites, catering to various project scales and designs, from cozy cabins to expansive estates. Depauw provides a balance of rural tranquility and convenient access to nearby amenities, making this an ideal location for those seeking a blend of peaceful country living and urban accessibility. The 47115 zip code ensures easy identification and location verification. This property is situated at latitude 38.3641396 and longitude -86.2315101. The expansive acreage and desirable location make this a compelling opportunity for commercial development or investment. Buyers are encouraged to conduct their own due diligence regarding zoning and permitted uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.