State Road 10/County Road 400 West

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State Road 10/County Road 400 West

Wheatfield, IN 46392
Asking Price
$2.50M
Asset Type
Agricultural Land
Class
Class B

AI Property Summary

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

  • Agricultural land parcel available in Wheatfield, Indiana
  • Located at the intersection of State Road 10 and CR 400 W
  • Total land area measures approximately 641,026 square feet
  • Offered for sale at an asking price of 2,500,000 dollars
  • The purchase price reflects a value of 3.90 dollars per square foot

What's Special

Wheatfield serves as a key agricultural corridor within Northwest Indiana, providing a strategic landscape for large-scale operations. This agricultural land parcel sits at the intersection of State Road 10 and County Road 400 West, benefiting from established regional transit routes that support rural commerce and logistics. The surrounding area remains defined by its productive farmland and open character, consistent with the broader economic profile of Jasper County. Investors and operators looking to expand their footprint in this sector will find a significant footprint totaling approximately 641,026 square feet. Given its scale and location, the site is suitable for continued agricultural cultivation or long-term land holding strategies. The property offers accessibility for heavy equipment and standard transport vehicles via the adjacent roadway network, facilitating efficient movement of goods through the local supply chain. This asset presents a clear, straightforward entry point into the rural land market of Indiana for those seeking functional space.

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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631

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