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Off E Monroe Street
Princeton, IN 47670
Zach Holt with Whitetail Properties Real Estate, original listing - (217) 285-9000

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Property Details


List Price: $3,990,000
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: Whitetail Properties Real Estate
Agency Phone: (217) 285-9000

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Description/Comments


Lot Size: 178 acre(s)
Property Type: Land-Other
Year Built: --
Notes: 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!
MlsNumber: --
ListingId: 202439883


Listing Provided By: Whitetail Properties Real Estate, original listing
Phone: (812) 887-2954
Office Phone: (217) 285-9000
Agent Name: Zach Holt
Disclaimer: Copyright © 2024 Bloomington MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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