SR 61, Petersburg, IN 47567

Property Description

Located along State Road 61 on the Pike/Warrick County line, this 40-acre property offers a prime investment opportunity. With 39.16+/- FSA tillable acres, about half of which has been reclaimed, this land is currently under an active mine lease. The property is sold with all the owner’s rights, making it a valuable long-term asset. While the property may not be ideal for immediate building, it features nearly 2,600 feet of road frontage along SR-61, providing access to water, electric, natural gas, and sewer utilities. This infrastructure suggests future potential once mining operations conclude, opening doors for development or other uses. The farm's soils, though partially reclaimed, have been well-maintained by the current farmer and continue to deliver consistent, respectable crop yields. This makes it an attractive option for those seeking both agricultural productivity and long-term investment potential. With excellent road frontage, utilities in place, and potential post-mining opportunities, this property presents a unique opportunity for investors.

Listing Status:

Active

Date Added:

October 4, 2024 at 05:00AM

Listing Office:

Whitetail Properties Real Estate : 217-285-9000

Listing Agent:

Zach Holt : 812-887-2954

MLS ID:

202438614

Location

• School District: Pike County School Corp.

Lot

• Zoning: 007 00198 01 Sw Se 23 3 S 8 40 A63-13-23-400-025.000-007
• Current Use: AgricultureResidential

This listing courtesy of Zach Holt, Whitetail Properties Real Estate