96+ Acres, Near Leap Campus, Boo
N Caldwell Rd : Lebanon, IN 46052
Boone County, Indiana
Farm Description
For Sale in Lebanon, IN, a rare opportunity to own over 96 acres of premium land in the heart of Boone County, just north of Lebanon, IN. This versatile property offers a mix of agricultural income, recreational use, and incredible future development potential.
Property Highlights Total Acres 96.12
Access Less than 1.5 miles to Hwy 47, 5 miles to Hwy 39, and under 3.5 miles as the crow flies from the rapidly growing Eli Lilly Leap Campus, the largest manufacturing investment at a single site in the company's history.
Tillable Land 74+ acres currently generating income through a 50/50 share crop lease, averaging approximately $275/Acre
Woods 22 acres of mature timber, ideal for hunting, recreation
Hunting Lease Income Currently bringing in $5,000/Year.
Location Perks Only 23 miles to Carmel, 27 miles to downtown Indianapolis, and situated in a prime corridor of future growth and development.
Why This Property
Income-Producing Crop and hunting leases provide solid annual revenue.Development Potential Located in a booming area with major corporate investments and infrastructure improvements on the horizon.Recreational Appeal Hunting, hiking, or simply enjoying your own private woodland.Strategic Location Growth is coming.
Investment Outlook
With Boone County poised for unprecedented growth over the next decade, this property stands as an exceptional long-term investment, whether you're looking for a working farm, a recreational retreat, or a future development site.
For more information or a private showing, contact Chad Renbarger
