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Property profile & analytics
OFF-MARKET
Land

631 Kimmell Rd Vincennes, IN 47591

3.23 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.23-acre land parcel, located at 631, 703 & 705 Kimmel Rd, Vincennes, Indiana, presents a compelling investment opportunity. Zoned R-1, this property offers significant potential for multi-family development, capitalizing on the area's burgeoning growth. All utilities are conveniently located at the site, ensuring seamless construction and operational efficiency. The property boasts direct access from Kimmel Road and enjoys easy access to the strategic Highway 41/Hart Street corridor, providing excellent connectivity and visibility. The APN is 421227405012000022. This prime location in Knox County, Indiana, zip code 47591, offers developers a unique chance to create a thriving residential community. The asking price for this expansive land tract is $900,000. Its strategic location and zoning make it an ideal site for a new multi-family development project. The property's size and accessibility make it a highly attractive proposition for investors seeking a promising return on investment in a rapidly developing area. This is a rare opportunity to acquire a substantial land parcel in a desirable location with excellent access to major roadways and utilities.

Property profile
Verified
Property type Land
Lot 3.23 ac (140,699 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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