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Property profile & analytics
OFF-MARKET
Land

550 South St Lafayette, IN 47901

95 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 95-acre agricultural property presents a unique investment opportunity. Located in Lafayette, Indiana, near the intersection of US 231 and the Raineybrook Subdivision, this transitional farmland boasts approximately 90 FSA tillable acres, ideal for expansion or development. Its strategic location offers convenient access to Lafayette's amenities while maintaining a rural setting. The property is classified as Surety WAPI 150.5, indicating its high-quality soil. This online auction, scheduled for November 12th, 2024, from 12 PM to 5 PM EST, offers phone bidding for added convenience. Don't miss this chance to acquire a valuable asset in a rapidly growing area. The property is zoned for agricultural use ("Ag") and presents significant potential for future development given its proximity to established residential areas. Detailed information, including the bidder packet, is available. This is an excellent addition to any farmland portfolio or investment strategy. The property is being sold by the Ronald E and Katherine O Denhart Trust.

Property profile
Verified
Property type Land
Lot 95 ac (4,138,200 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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