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6769 N State Road 931
Sharpsville, IN 46068

$950,000 USD

Land For Sale  •  46.61 AC

Property Details

  • Property Type Land
  • Lot Size 46.61 AC
  • Zoning AG
0 Transit Score
2 Walk Score

Description

Excellent Development Opportunity on the edge of Kokomo, IN! With approximately 1450' of road frontage on US 931 and 1320' of road frontage on 700 N along with visibility from US 31, this is a rare property that you don't see everyday. This is a prime travel corridor for those going from Indianapolis to South Bend. Are you not ready to develop the property or do you just want to own it as an investment for the future? That's not a problem. There are two homes on the property and 30 +/- acres of cropland generating a 2.9% Return on Investment while you wait. Additionally, the barns on the property could be rented to generate additional income. For those wishing to keep the property in agricultural production, it doesn't get much better than this for a direct to consumer business model. Other notable features include a pond and 5' perimeter fence once used to contain exotic and specialty livestock. Call Craig Stevenson at 574.870.4383 for more information and to schedule your private showing today!

- 30 Minutes to Indianapolis, IN
- 40 Minutes to Lafayette, IN
- Less than 1 hr 30 min to South Bend and Fort Wayne
- Approximately 2770' paved road frontage
- Frontage on US 931 and visibility from US 31

Highlights

Excellent Development Opportunity
Road Frontage on US 931
Income Generating
Craig Stevenson 574-870-4383 Geswein Farm & Land Realty
Craig Stevenson 574-870-4383 Geswein Farm & Land Realty