108 +/- Acres Laporte County La Porte, IN 46350
Exceptional investment opportunity awaits with this 108 +/- acre property situated in LaPorte County, Indiana (APN: 46-12-10-400-001.000-055, Zip Code: 46350). This diverse land parcel presents a unique blend of agricultural and potential mining uses. 69.7 acres consist of high-quality tillable cropland, boasting predominantly Gilford fine sandy loam soil with a Surety Weighted Average Productivity Index of 144.2, making it suitable for a variety of crops. Approximately 40 acres are designated for peat mining, offering a significant additional income stream. Post-peat mining, this area presents opportunities for wildlife habitat development and the creation of a pond. The property's location near Fish Lake adds further appeal. This offering presents a rare chance to acquire a substantial land holding with diversified income potential, ideal for farmers and investors seeking a unique and lucrative investment in today's market. The asking price for this exceptional property is $1,000,000.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.