1225 South St Monticello, IN 47960
This exceptional 8-acre commercial property in Monticello, Indiana, presents a multitude of development opportunities. Located just south of Burnettsville, IN, at 1225 W South St, 47960, this expansive parcel boasts exceptional road frontage on two sides, ensuring convenient access. Its versatile nature makes it suitable for various uses, including residential development, with ample space for potential home sites. The property's natural features are equally compelling, offering mature timberland, excellent wildlife habitat, and potential for a tranquil pond. Hunters will appreciate the rich habitat for deer, turkey, and other wildlife, enhanced by surrounding crop fields and nearby water sources. Recreational pursuits such as camping are easily accommodated within this spacious setting. The property also presents opportunities for timber harvesting. Its proximity to the Wabash River, Lake Shaffer, and Lake Freeman adds significant recreational appeal. This unique combination of commercial potential, natural beauty, and recreational possibilities makes this 8-acre tract a rare find in Indiana real estate. The asking price is $95,000.
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.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.