262 St Rd Dillsboro, IN 47018
- Land
- 29.00 lot acres
Current Use by Public Records
- Land
Property Details for 262 St Rd
- Lot size
- 29.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 29-acre Black Walnut plantation near Dillsboro, Indiana, presents a unique investment opportunity. Established 25 years ago, this thriving plantation features genetically superior Purdue #1 Black Walnut trees, cultivated from seeds for optimal growth and straight trunks. The trees are strategically planted in rows to maximize sunlight and ease maintenance, with a nurse crop of Black Locust trees providing additional soil enrichment. The property boasts sandy loam soil within a floodplain, ideal for Black Walnut cultivation, and each tree has been meticulously limbed up to 20 feet for superior timber quality. This plantation has hosted the annual Walnut Council meetings, highlighting its significance within the industry. Beyond its timber potential, the property, situated at the confluence of two creeks, offers diverse recreational opportunities including kayaking, canoeing, fishing, and hunting for whitetail deer and turkey. The Black Locust trees also offer potential for harvest as fence posts or firewood. This property offers a blend of lucrative future timber harvest potential and exceptional recreational benefits, making it a truly unique investment. The property is located at 0 St Rd 262, Dillsboro, IN 47018. Asking price is $315,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dillsboro
- County
- Ohio
- State
- Indiana
- Longitude
- -85.0063
- Latitude
- 38.9726
