0 State Road 234 Kingman, IN 47952
This exceptional 132.7-acre property in Parke County, Indiana, presents a unique investment opportunity. Located just off State Road 234 and a short drive from Highway 63, this land boasts over half a mile of Wabash River frontage and an additional half-mile of Coal Creek frontage. The diverse terrain includes 49.24 acres of tillable farmland and 83.46 acres of wooded recreational land, creating a haven for wildlife, including whitetail deer and waterfowl. An elevated campsite on a high wooded ridge offers panoramic views. While situated in a floodplain, this enhances the natural habitat and recreational appeal. The property is conveniently located, with Danville, IL, a 27-minute drive, Terre Haute, IN, 41 minutes, Indianapolis, IN, 1 hour 45 minutes, and Chicago, IL, 2 hours 56 minutes away. This versatile land is ideal for farming, hunting, recreational activities, or a tranquil riverfront retreat. The combination of fertile farmland, abundant wildlife, and stunning river views makes this a rare and desirable property. The asking price is $750,000. The property's address is West State Road 234, Kingman, IN 47952.
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
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.