Current Use by Public Records
- Land
Property Details for & Chicago Cor Spruce Rd
- Lot size
- 233.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 233-acre property in New Carlisle, Indiana, presents a unique investment opportunity. Located at the northwest corner of Spruce Road and Chicago Trail, this expansive land parcel is zoned for agricultural, commercial, and residential uses, offering unparalleled versatility. The property boasts two existing pole barns, providing immediate utility or potential for repurposing. Its strategic location near a forthcoming battery plant promises significant future growth and value appreciation. The land's size and zoning allow for a wide range of development possibilities, from a large-scale residential community seamlessly blending modern amenities with rural tranquility, to commercial ventures capitalizing on the area's burgeoning economic landscape. The asking price is $15,159,950. The property's address is VL NW Corner Spruce Rd & Chicago Trl, New Carlisle, IN 46552. This is a rare chance to acquire a substantial tract of land with exceptional potential in a rapidly developing area. The property's versatility makes it ideal for investors, developers, and visionaries seeking to create a thriving and sustainable project. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Carlisle
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.4702
- Latitude
- 41.7376
