3305 Farmers Gravel Rd Frankfort, IN 46041
Exceptional investment opportunity: 60.61-acre farm near Frankfort, Indiana, with approximately 57.8 tillable acres, 1.3 wooded acres, and 1.511 non-tillable acres. Recently surveyed, this property boasts 1595 feet of frontage on Farmers Gravel Road and 422 feet on CR 300 West. The land is zoned for agricultural use and presents a compelling option for farmland investment. With its potential for building a home and establishing a mini-farm, this property offers diverse possibilities. Currently available for lease in 2025, this property presents a unique opportunity for both immediate income and long-term growth. The asking price is $727,325. The APN is 12-06-31-200-002.000-020. This is a rare chance to acquire high-quality farmland in a desirable location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.