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400 Us-31 Seymour, IN 47274

OFF-MARKET Land Google Maps
84 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 84-acre property presents a unique opportunity for developers in Seymour, Indiana. Located at 400 US-31, Jackson County, this expansive land parcel offers significant potential for both residential and commercial development. The property is zoned R-4, and a notable 7 acres are already zoned and prepared for residential construction, ideal for track home builders. Its location within a newly expanded residential area ensures high demand and strong potential for return on investment. The land itself is environmentally clean, minimizing potential development hurdles. Furthermore, a separate corner commercial lot is available for purchase in conjunction with this 84-acre parcel; details regarding combined pricing are available upon request. The property's APN is 36-66-22-400-027.021-008, and the asking price for the 84-acre tract is $2,900,000. This is a rare opportunity to acquire a substantial land holding in a thriving Indiana community. Don't miss this chance to shape the future of Seymour's development landscape. The property's address is 400 US-31, Seymour, IN 47274.

Property profile

Verified
Property type Land
Lot 84 ac (3,659,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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