Property profile

17907 Thunder Rdg Spencerville, IN 46788

OFF-MARKET
Other land
Property ID
US31-0380277
0.71 ac lot
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Property summary

AI-generated overview

This wooded residential lot is located on a cul-de-sac within the Honeysuckle community, east of Leo, and is served by Leo Schools. The lot is 0.71 acres and includes access to nearby schools, restaurants, and Parkview Hospital, with an estate-lot setting. The community is described as private and rural, with city water and sewer available. The property is zoned/allocated for residential use and is subject to build requirements including a minimum ranch size of 2,000 square feet, an alternative minimum of 2,400 square feet for 1.5-story or 2-story homes, and a required 3-car garage. Outbuildings are permitted.

Property profile

Verified
Property type Other land
Lot 0.71 ac (30,928 SF)
UPID US31-0380277

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17907 Thunder Rdg Spencerville, IN 46788
Spencerville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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