27009 Us-52 Laurel, IN 47024
This exceptional 32+ acre agricultural property in Laurel, Indiana, presents a unique opportunity for various ventures. Located at 27009 US-52, Franklin County, IN 47024 (39.4958331, -85.2801638), the land is zoned for farm use with a residential dwelling. The asking price is $525,000. The property boasts a tranquil one-acre pond, perfect for fishing and recreational activities. The existing home requires some updating, offering a blank canvas for personalization. The expansive acreage is well-suited for farming, livestock grazing, or a variety of recreational pursuits. Its versatile zoning allows for potential development opportunities, making it an attractive investment for those seeking a peaceful rural setting with significant potential. The property's location in Laurel provides a balance of rural tranquility and convenient access to local amenities. Serious inquiries are encouraged to explore the full potential of this remarkable property. This is a rare chance to acquire a substantial piece of Indiana farmland with a multitude of possibilities. The property is sold as-is.
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
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Risks
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