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off E Monroe Street

Princeton, IN, 47670

  • Price $3,990,000
  • MLS #202439883
Located just behind Superior Ag off SR 64 on Princeton’s southeast side, this sprawling 178-acre farm offers an incredible investment opportunity. Available with open tenancy for 2025, the property features 176.58+/- highly productive tillable acres, primarily composed of Ragsdale Silt Loam soils, renowned for their fertility. Currently, under careful management, the farm provides above-average returns, making it an excellent long-term investment. The tenant farmer is willing to continue maintaining the property, ensuring consistent care and productivity. In addition to its agricultural value, this land presents significant potential for residential, commercial, or industrial development. It offers multiple access points, including the ends of E. Monroe St. and possibly E. Mulberry St. & E. Christian St. The property features frontage along E. Evans St., intersecting with S. Washington, S. Adams, S. Jefferson, and S. Madison Streets. SR 64 is less than 900 feet from the northern boundary. Further enhancing its appeal, the property is situated outside the 500-year floodplain, in close proximity to South Side Park and Saint Joseph Primary School, and surrounded by existing utilities—including electric, water, sewer, and internet services. This site is shovel ready for immediate development. With its prime location, substantial size, and versatile potential uses, this property is an outstanding opportunity for developers or investors seeking to capitalize on it's build-ability. Regardless of your intended use, there is no doubt a rising demand for premium agricultural and development land in the area!
County
Gibson County
Lot Size
178.0000
Subdivision
None
Annual Taxes
7000.00
Association Dues
0.00
District
North Gibson School Corp.
Elementary
Princeton
Middle School
Princeton
High School
Princeton
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Zach Holt of Whitetail Properties Real Estate, 812-887-2954.

    Cameron Engstrom

    Realtor
    Cell: (812) 830-0019

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

Listing Data updated: November 21, 2024, 8:00 am
IDX information provided by the Indiana Regional MLS