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Property profile & analytics
OFF-MARKET
Land

1225 South St Monticello, IN 47960

8 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 8 ac (348,480 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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