857 Acres of Agriculture

111 S County Road 500 E, New Castle, Indiana 47362

  • Property Subtypes Aquaculture , Other
  • Gross Building Area 1,828 SF
  • Sale Price $15,000,000.00 Total
  • Class of Space N/A
  • Total Land Size 857 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 12/16/2019
  • Status active

Overview / Comments

This property has been approved for an Ethanol Plant, with all plans and business surveys already complete. Earth, roads, plant locations, rail design and water access, rail spur 1 mile in place next to the farm. The farm is currently developed for corn harvest, with no competition. Other possibilities: This land also has a government inspected spring, suitable for water commercial use, and has been plotted for a flyings golf and residential community with 2 plotted runways. There is 4 miles of paved road frontage, and has 7 major highways within 5 miles.

Additional Details

  • Tax ID/APN 33-18-27-140-130.000-004

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