0 51.243 +/- Acres Of Productive Farm Land Stoutsburg, IN 46392
This exceptional 51.24+/- acre property in Jasper County, Indiana, presents a compelling investment opportunity for agricultural entrepreneurs and land investors. The land boasts 48.88 acres of highly productive cropland, boasting a strong Surety Weighted Average Productivity Index of 153.7, indicating fertile soil suitable for diverse crops. Convenient access is ensured via a paved county road bordering the northern edge of the property. The current land use is ideal for row crops and livestock, aligning perfectly with various agricultural applications. Its strategic location offers proximity to major highways, local markets, and essential farming infrastructure, streamlining operations and logistics. The property's APN is 37-11-02-000-008.000-020, and the asking price is $670,000. Zoning is Agricultural (verification with local authorities is recommended). This offering presents a rare chance to acquire high-quality farmland in a desirable location. Note that an additional 36.01+/- acres is also available for purchase directly north of this property. This adjacent parcel includes 34.43 FSA cropland acres and a Surety Weighted Average Productivity Index of 117.5.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.