Devers Road

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Devers Road

Patriot, IN 47038
Asking Price
Contact for price
Asset Type
Agricultural Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This agricultural land parcel spans approximately 30.155 acres.
  • The property is situated on Devers Road in Patriot, Indiana.
  • The site is positioned at coordinates 38.8702, -84.8773.
  • This acreage is available for immediate sale to interested parties.
  • Large-scale land supports agricultural operations or long-term investment strategies.

What's Special

Patriot serves as a quiet rural hub within Indiana, characterized by its agricultural roots and expanding potential for land-based development. This 30.155-acre parcel on Devers Road provides a substantial footprint for various operational requirements in a region defined by its productive landscape and open space. The property sits within a key regional corridor, offering potential for those seeking expansion in the agricultural sector or interested in holding large-scale acreage for long-term land utility. Given the expansive nature of the site, it is well-suited for farming, crop production, or specialized rural business applications. Investors and regional stakeholders often look to this submarket for its proximity to larger industrial and logistical centers while maintaining the privacy and scale found in the heart of the state. The site provides a clean slate for developers or land banking interests looking to capitalize on Indiana's stable rural economic environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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