State Road 10 De Motte, IN 46310
- Land
- 115.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 State Road 10
- Lot size
- 115.00 lot acres
- Property type
- Land
Description
This exceptional 115-acre parcel in De Motte, Indiana, presents a unique opportunity for residential development. Located on State Road 10 in Newton County, this property boasts a desirable residential zoning designation, making it ideal for single-family or multi-family housing projects. The land itself features interesting contours and a tree-lined ridge, offering attractive building sites with natural beauty. Currently, portions of the land are being farmed, showcasing its fertile potential. The property's strategic location offers convenient access to amenities while maintaining a peaceful, rural setting. A significant advantage is the proximity to the county sewer system; the county is actively planning to extend the line to the property's edge, streamlining infrastructure development for future projects. The asking price is $2,495,500, translating to an attractive price per acre of $21,700. Detailed brochures are available for review, showcasing adjacent governmental and commercially zoned properties, which may present additional investment opportunities. This substantial landholding offers significant potential for developers seeking a prime location for residential construction in a growing area. The property's size and zoning make it a highly attractive investment for large-scale residential development. Don't miss this chance to acquire a substantial tract of land with exceptional development potential.
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
- De Motte
- County
- Newton
- State
- Indiana
- Longitude
- -87.2918
- Latitude
- 41.1429