Prime Development Opportunity in Tipton County
Excellent Development Opportunity on the edge of Kokomo, IN! With approximately 1450' of road frontage on US 931 and 1320' of road frontage on 700 N along with visibility from US 31, this is a rare property that you don't see everyday. This is a prime travel corridor for those going from Indianapolis to South Bend. Are you not ready to develop the property or do you just want to own it as an investment for the future? That's not a problem. There are two homes on the property and 30 +/- acres of cropland generating a 2.9% Return on Investment while you wait. Additionally, the barns on the property could be rented to generate additional income. For those wishing to keep the property in agricultural production, it doesn't get much better than this for a direct to consumer business model. Other notable features include a pond and 5' perimeter fence once used to contain exotic and specialty livestock. Call the listing agent directly for more information and to schedule your private showing today!