51.408 Acres Ferstel Road

Vacant Land for Sale
Catylist Listing ID: 2070318
Property Subtypes: Agricultural, Residential (Single Family)
Gross Land Area: 51.41 Acres
Sale Price: $740,080
Unit Price: $14,395 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/17/2018

Overview / Comments

Excellent opportunity for single family residential development with the possibility of large estate lots. Sewer & water to site with a Gravity drain and future force main sewer to be developed per Developer. Nestled between new Barrington Homes Lexington development. Within one mile of three schools and surrounded by single family residences. Great access to Highway 66 from Ferstel Road. Seller will consider selling 25 Acre plots with easements to other property.

vacant land

Additional Details

Nearest MSA: Evansville
County: Warrick
Tax ID/APN: 87-16-06-100-011.000-019
Zoning: AGRICULTURAL
Property Located Between: Ferstel Road & Vanada Road
Road Type: Paved
Zoning Description: Agricultural
Topography: Rolling
Available Utilities: Water

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,072 17,832 35,793
Median Age: 32.93 38.26 39.17
Households: 748 6,627 13,522
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