2 County Road 25 New Paris, IN 46553
This exceptional 5.38-acre parcel of farmland, identified as VL Lot 2 County Road 25, presents a unique opportunity for agricultural use or development. Located just outside of New Paris, Indiana, in Elkhart County (zip code 46553), this property boasts a generous 234,353 square feet of land. The property is currently utilized for agricultural purposes and benefits from recent survey and soil testing, providing a solid foundation for future plans. The convenient location offers access to the amenities of New Paris while maintaining a tranquil rural setting. Served by Fairfield Community Schools, this land offers a blend of rural charm and accessibility. Detailed site analysis is available upon request. The asking price for this remarkable property is $162,000. Adjacent North Lot 1 is also available for purchase, presenting potential for larger-scale projects. This is an excellent opportunity to acquire a well-situated and thoroughly assessed piece of Indiana farmland. Don't miss out on this chance to own a piece of Elkhart County's agricultural landscape. Contact us today to schedule a viewing.
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.