132 ACRES ON U.S. 40 IN HANCOCK COUNTY

6342 W. U..S.40, Greenfield, Indiana 46140

  • Property Subtypes Residential (Single Family , Multi-Family , Retail , Other , Office
  • Sale Price $2,500,000.00 Total
  • Class of Space N/A
  • Total Land Size 132 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 10/30/2020
  • Status active

Overview / Comments

NICE FLAT PROPERTY IS RECTANGULAR IN SHAPE. THERE ARE TWO PARCELS IN THIS OFFERING. FRONT 52 ACRES IS IN SUGAR CREEK TWP. AND REAR PARCEL IS IN BUCK CREEK TWP. OFFERING TWO DIFFERENT SCHOOL OPTIONS! FRONT IS ZONED FOR RETAIL AND IS ANNEXED INTO CUMBERLAND (ALTHOUGH LOCATED IN HANCOCK CO.). REAR 80 ACRES IS IN HANCOCK CO. AND ZONED R2.5 FOR HIGH DENSITY RESIDENTIAL. SEWER/WATER THROUGH TOWN OF CUMBERLAND. GOOD FRONTAGE. IDEAL FOR PLANNED UNIT DEVELOPMENT. IF ANNEXED, EVERYTHING WILL BE ANNEXED SO THAT BUYER ONLY GOES BEFORE CUMBERLAND. IDEAL FOR RETAIL IN FRONT AND RESIDENTIAL IN REAR. THIS PROPERTY WOULD ALSO MAKE A TERRIFIC OFFICE PARK!

Agent Notes

ANY OFFERS NEED TO ADDRESS FARMER TENANT'S RIGHTS. ANNEXATION WILL TAKE LITTLE TIME.

Additional Details

  • Tax ID/APN 30-09-01-100-002.000-024, 30-05-36-400-011.000-006
  • Zoning C:N AND R2.5
  • Property Visibility Excellent
  • Tax Auth HANCOCK COUNTY AND TOWN OF CUMBERLAND
  • Zoning Description C:N - COMMERCIAL:NEIGHBORHOOD (RETAIL) AND R 2.5 - RESIDENTIAL 2.5 HOMES PER ACRE.

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