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6769 N State Road 931 - SR931 Frontage INDY-KOKOMO Corridor 46.61 Acres of Agricultural Land Offered at $1,301,224 CAD in Sharpsville, IN 46068

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Investment Highlights

Excellent Development Opportunity
Income Generating

Road Frontage on US 931

Property Facts

Price	$1,301,224 CAD	Property Subtype	Agricultural
Sale Type	Investment	Proposed Use	Retail Auto Dealership Distribution Hold For Development Hospital Hotel Lodge or Meeting Hall Master Planned Community Medical Motel Planned Unit Development Storefront, Retail or Office Strip Centre
No. Lots	1	Total Lot Size	46.61 AC
Property Type	Land	No. Stories	1
Zoning	AG - Agriculture. Zoning changes or variances considered on a case by case basic by Tipton County.

Price	$1,301,224 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Agricultural
Proposed Use	Retail Auto Dealership Distribution Hold For Development Hospital Hotel Lodge or Meeting Hall Master Planned Community Medical Motel Planned Unit Development Storefront, Retail or Office Strip Centre
Total Lot Size	46.61 AC
No. Stories	1
Zoning	AG - Agriculture. Zoning changes or variances considered on a case by case basic by Tipton County.

1 Lot Available

Lot

Price	$1,301,224 CAD	Lot Size	46.61 AC
Price Per AC	$27,917.28 CAD

Price	$1,301,224 CAD
Price Per AC	$27,917.28 CAD
Lot Size	46.61 AC

Prime development opportunity with frontage on US 931 and visibility from US 31 on the South side of Kokomo, IN. Income currently being generated from the rental of the two homes and cropland.

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

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