Land for Sale - off N US 150, Lot#WP001, Oaktown, IN 47561 - 14.8 acres

Prime Southern Indiana Farmland With Exceptional Investment Potential

off N US 150, Lot#WP001, Oaktown, IN | Lat/Lng:  38.8525, -87.4458

$149,900
14.8 ac.
10/08/2024
FOR SALE
Main Listing ImageMain Listing Image

Description

Located in the heart of Southern Indiana’s renowned produce country, this 14.8-acre surveyed property offers a fantastic opportunity for farming and development. Surrounded by multiple packing sheds and produce wholesalers, the local economy thrives on agriculture, making this property a strategic investment. Traditionally rotated with beans and corn, these fertile fields can cash rent to area-produce farmers at 3-4x the typical row-crop rates, making them an attractive investment hold. With an impressive 1,200 feet of frontage along Old US Hwy 41, the property provides excellent access and versatility. Whether you're looking to build a home-business combination, develop multiple homes, or hold the land as an investment, this parcel offers flexibility. Electrical service runs along the western boundary, and well water is commonly used in the area. A creek highlights the southern boundary, and approximately 3 acres of woods wrap around the SW corner, offering the perfect setting for deer hunting and outdoor recreation. The stunning, wide-open views to the north create a picturesque backdrop for whatever future plans you envision. Seize this rare opportunity to own a prime piece of tillable in a thriving agricultural hub! Property Features: - 14.8 surveyed acres in Southern Indiana's produce country - 1,200' of frontage along Old US Hwy 41 for easy access - Cash rent potential for 3-4x traditional row-crop pricing - Creek, wooded area, and wide-open northern views for recreation

Details

CountyKnox
Zipcode47561
BrokerageWhitetail Properties
Brokerage Linkhttps://www.whitetailproperties.com
Land Listing Agent Photo
Agent: Kris Christianson
Contact Agent:Email Land Listing Agent
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