400 Us-31, Seymour, IN 47274
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.