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!
Closed
$2,950,000
Off E Monroe St, Princeton, IN 47670
--beds
--baths
178Acres
Agriculture
Built in ----
178 Acres Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 14, 2025 at 07:06pm
Listed by:
Zach Holt Cell:812-887-2954,
Whitetail Properties Real Estate,
Kris Christianson,
Whitetail Properties Real Estate
Bought with:
Zach Holt, RB18001466
Whitetail Properties Real Estate
Whitetail Properties Real Estate
Source: IRMLS,MLS#: 202439883
Facts & features
Property
Lot
- Size: 178 Acres
- Features: Irregular Lot, Undeveloped, Tillable, 15+
Details
- Additional parcels included: 261208300000.942027,261208301000.941027
- Parcel number: 261207402001.262028
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Electricity Available
Community & neighborhood
Location
- Region: Princeton
- Subdivision: None
Other
Other facts
- Road surface type: Paved