4800 Raccoon Creek Rd Corydon, IN 47112
This exceptional 92.7-acre property, located at 4800 Raccoon Creek Rd NE, Corydon, IN 47112 (APN: 31-10-14-200-001.000-005), presents a unique opportunity for residential development. Situated in Harrison County, this land boasts a prime location just 15 minutes from Louisville, Kentucky, offering convenient access to urban amenities while maintaining a serene, natural setting. The property consists of two parcels zoned for residential use, providing ample space for various projects. With over 2,000 feet of road frontage on Highway 64, accessibility is excellent. Utilities are present on-site, though verification is recommended. Buyers should note that septic installation will be required. The asking price is $2,046,000, translating to $22,000 per acre. Enjoy scenic views and the natural beauty of the surrounding area. This land offers significant potential for those seeking a substantial residential development opportunity in a desirable location. Inquiries regarding preferred land lenders are welcome.
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
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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.