2887 Indiana 46

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2887 Indiana 46

Nashville, IN 47448
Asking Price
$4.89M
Asset Type
Commercial Land
Class
Class B

What's Special

+/- 251 Acres Development Opportunity <ul><li>​<span style="color: rgba(45, 84, 144, 1)">±251 acres across six parcels</span></li><li>​<span style="color: rgba(45, 84, 144, 1)">Frontage on East State Road 46</span></li><li>​<span style="color: rgba(45, 84, 144, 1)">Zoned PUD (Brown County, IN)</span></li><li>​<span style="color: rgba(45, 84, 144, 1)">Creek along the front of the property</span></li><li>​<span style="color: rgba(45, 84, 144, 1)">Rolling terrain with varied elevations</span></li><li>​<span style="color: rgba(45, 84, 1

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NOI
$80,000
Cap Rate
1.64%
DSCR
0.28
Underwater
Cash-on-Cash
-14.34%
Monthly Payment
$24,193.052
Annual Cash Flow
$-210,316.623

Location & Travel Times