0 Division Rd Shelburn, IN 47879
This exceptional 376-acre property in Sullivan County, Indiana, presents a unique investment opportunity. The land encompasses diverse features, including 160 acres of open pasture ideal for various uses, such as grazing or future plantings. A substantial 154 acres of wooded land provides excellent wildlife habitat and recreational opportunities like hiking and hunting. The property boasts 62 acres of water, featuring two lakes and a pond, attracting abundant waterfowl and offering fishing possibilities. Wildlife is plentiful, with evidence of whitetail deer, wild turkeys, and various waterfowl. A prime building site on a wooded hill overlooking one of the lakes offers breathtaking views and convenient access to power. The location provides easy access to nearby towns, including a 28-minute drive to Terre Haute, 13 minutes to Sullivan, and within a reasonable driving distance of Indianapolis and Evansville. Whether seeking a tranquil retreat, a hunting haven, or a remarkable building location, this property offers unparalleled beauty and potential. The property was formerly the site of the Thunderbird Mine.
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
Similar Nearby for Sale
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.