36.92 Acres East of Morse Lake

8555 E. 206th Street, Noblesville, Indiana 46062

  • Property Subtypes Agricultural , Industrial , Multi-Family , Self Storage , Retail , Office , Hospitality
  • Sale Price $1,473,100.00 Total
  • Class of Space N/A
  • Total Land Size 36.92 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 3/30/2020
  • Days on Market 192 Days
  • Status active

Overview / Comments

Prime High Traffic Development Land just East of Hague Road and Morse Lake in the City of Noblesville. This property does contain a Peat Bog on the Southeastern portion that has never been mined. Several uses are permitted in the I1 Industrial Zoning including Schools, Churches, Automotive Repair & Sales, Marine Sales & Repair, Distribution, Light Manufacturing, Mineral Sand-Gravel, Nursery-Greenhouse Warehousing and Agricultural. Note: Please check with governing authorities to confirm your intended use is acceptable prior to purchasing. This property has recently been reduced to $39,900 per acre.

Agent Notes

This land is subject to existing Tenant Farmer's Crop Rights for approximately 14 acres along the Railroad Lines.

Additional Details

  • Tax ID/APN 1006240000003.000
  • Zoning I1- Light Industrial
  • Property Visibility Excellent
  • Tax Auth Hamilton County

Additional Contacts

  • Primary Contact:
    Steve Maines:
    3410 Fox Ridge Lane
    Muncie 47304
    (765) 282-7785 SMaines@admrealestate.com

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