0 Friendly Grove Church Rd Lewis, IN 47858
This expansive 119.5-acre property in Clay County, Indiana, presents a unique blend of recreational and agricultural opportunities. The land boasts a significant portion of wooded terrain, ideal for hunting deer and turkey, hiking, or establishing ATV trails. Approximately 16 acres of tillable land offer potential for small-scale farming, creating income potential through crop production or leasing. Located near Clay City, Farmersburg, Hymera, Jasonville, and Shelburn, the property provides a peaceful rural setting while remaining conveniently accessible. Access is provided via Friendly Grove Church Road, off State Road 159. Utilities will require a well and septic system for any future construction; however, power is available nearby. The wooded acreage is enrolled in the Classified Forest program, while the tillable land is unrestricted. Priced at $570,000, this property offers a compelling investment for those seeking a balance of nature and productivity, whether for a weekend retreat, hunting preserve, or a combination of recreational and agricultural pursuits. The property's zoning and access make it a versatile option for various uses.
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
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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