$183,750 Price Analysis W/S of Highway 135Salem, IN 47167 Unknown bed 0 bath unknown SqFt ($0/SqFt) 21.3 acre lot. Listed 2024-02-02 | ✓ USDA Eligible near Salem, IN |
Indiana - a 21.34-acre property boasting a prime, income-producing tillable tract. This parcel, comprised entirely of good tillable land, is a testament to agricultural potential. The property, strategically located, not serves as a lucrative investment but also holds p romising options for development. With the entirety of the acreage designated as income-producing, the tillable nature of the land ensures a solid return on investment. Currently under an open farm contract for 2024, this property provides flexibility for various potential uses. Whether you're considering building on this fertile soil or opting for a rental strategy, the options are as expansive as the landscape itself. Adding to its appeal, the property holds the potential for subdivision into multiple building lots, opening up avenues for residential or commercial development.
The strategic positioning and versatile zoning make this property an ideal canvas for those with a vision for growth and expansion. Delving into the agricultural specifics, the Natural Resources Conservation Service's SSURGO database reveals a National Commodity Crop Productivity Index (NCCPI) of 73.8, indicating the land's high productivity. The predominant soil codes, CoC2 Crider Silt Loam (6 to 12 percent slopes eroded) and CoB Crider Silt Loam (2 to 6 percent slopes), further affrm the property's suitability for various crops and agricultural endeavors. This invaluable data, sourced from the U.S. NRCS, provides a comprehensive understanding of the property's soil composition and agricultural potential. Whether you're an investor, developer or farmer, this prime Washington County property presents a rare opportunity to capitalize on the region's fertile soil and strategic location. Don't miss the chance to make this versatile and income-producing acreage a cornerstone of your investment or development portfolio. DOES NOT INCLUDE CELL TOWER
Presented by Robert Haubry at
GesWein Farm & Land Realty.
Property MLS #11241175 from MyStateMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.