Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    & Chicago Cor Spruce Rd New Carlisle, IN 46552

    • Land
    • 233.00 lot acres
    For Sale
    View listing
    $15,159,950
    Value Estimation
    Location Intelligence

    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 Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Carlisle
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.4702
    Latitude
    41.7376

    Comparable in this City

    • Value Estimation by Request
      145.64 Acres

      750 Michigan St

      Farms • 145.64 Acres
      750 Michigan St, New Carlisle, IN 46552
      View Details
    • Value Estimation by Request
      57.10 Acres

      33351 Early Rd

      Farms • 57.10 Acres
      33351 Early Rd, New Carlisle, IN 46552
      View Details
    • Value Estimation by Request
      1.50 Acres

      32675 Early Rd

      Land • 1.50 Acres
      32675 Early Rd, New Carlisle, IN 46552
      View Details
    • Value Estimation by Request
      34.60 Acres

      32500 Early Rd

      Land • 34.60 Acres
      32500 Early Rd, New Carlisle, IN 46552
      View Details
    • Value Estimation by Request
      1.19 Acres

      32980 Nature View Dr

      Land • 1.19 Acres
      32980 Nature View Dr, New Carlisle, IN 46552
      View Details
    • Value Estimation by Request
      37.28 Acres

      54760 County Line Rd

      Land • 37.28 Acres
      54760 County Line Rd, New Carlisle, IN 46552
      View Details

    Similar Nearby for Sale

    • $5,150,500
      145.64 Acres

      Prime New Carlisle Land - 145 Acres

      Multi-use acreage, ideal location.
      750 Michigan St, New Carlisle, IN 46552
      View Details
    • $15,159,950
      233.00 Acres

      Prime 233-Acre Indiana Land

      Agricultural, Commercial, Residential development opportunity.
      & Chicago Cor Spruce Rd, New Carlisle, IN 46552
      View Details
    • $2,226,900
      57.10 Acres

      Prime Agricultural Land, IN

      57 Acres, Stunning Views, New Carlisle
      33351 Early Rd, New Carlisle, IN 46552
      View Details
    • $85,000
      3.00 Acres

      New Carlisle 3-Acre Homesite

      Build Your Dream Home on 3 Acres
      33049 Early Rd, New Carlisle, IN 46552
      View Details
    • $472,000
      13.48 Acres

      New Carlisle Residential Land

      13.48 Acres, Prime Location
      33811 Ferncrest Ct, New Carlisle, IN 46552
      View Details
    • $1,454,000
      37.28 Acres

      New Carlisle Residential Land - 37 Acres

      Prime development land, near town, utilities nearby.
      54760 County Line Rd, New Carlisle, IN 46552
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    & Chicago Cor Spruce Rd
    New Carlisle, IN 46552
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.