Browse 27 photos
Type:Purchase
Structure:Farm
Zone:Residential

Description

Land For Sale - 26 +/- Acres With Several Opportunities - Rochester, IN - Fulton County - Corner of Southway 31 & U.S. 31. Great opportunity for any business, developer or investor, small and large, to develop right off of US 31. With Rochester, Indiana being directly between Indianapolis and South Bend, road traffic is a huge bonus to this property. There is approximately 700' off Southway 31/Liberty Road and 1,200' off US 31 for road frontage (the latter no drive/entrance can be installed). Lake Manitou and downtown Rochester are also only minutes away! Property is classed Vacant Land. Electricity is at road, as well as gas. For an investor, the current cash rent is around $200 per acre. Current cash renter is available to continue for new buyer. Current annual taxes range from $430-520. The tree line splitting the middle of the property will also allow hunting for those interested. Highways 25 and 14 are also just a short drive away.

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyFulton County
  • Other
      • MLS #202305125

Location

Joe Martino | Martino Realty & AuctioneersReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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