0 Hillham Rd, French Lick, IN 47432
This exceptional 79-acre (±) property presents a unique investment opportunity in Dubois County, Indiana, near the historic town of French Lick (zip code 47432). Located off N Hillham Rd s, this versatile land offers diverse uses. Currently zoned for farm, hunting/recreational, and residential purposes, it boasts abundant wildlife, including deer and turkeys. A pre-closing timber harvest is planned, with trees already marked for removal. A new trail system, ideal for hunting, ATV riding, or horseback riding, will be established. Access is provided via a recorded easement on the west side of the property. The existing pipeline right-of-way presents a potential location for a food plot. Properties of this size and proximity to French Lick are rare. The asking price is $355,500. This is a chance to own a substantial tract of land with significant recreational and potential residential development possibilities. The property's location offers a blend of rural tranquility and convenient access to the amenities of French Lick. Serious inquiries are encouraged.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.