$656,000

This property in Owen County, Indiana presents a significant opportunity for agricultural, commercial, residential or mixed-use development. The tract is characterized by large areas of tillable land, offering productive open acreage suited for crop production or other agricultural ventures. In addition, the property features frontage along a state road, ensuring visibility and ease of access. Multiple access points further enhance the flexibility of ingress/egress and potential subdivision or phased development. Situated a short drive from the town of Spencer (the county seat of Owen County) - which provides local amenities, services and connectivity - this site combines rural land advantages with accessibility to nearby hubs. The combination of productive open ground, road frontage and access infrastructure supports a range of uses: continuing as tillable farmland, developing as an agribusiness operation (such as equipment storage, grain handling, or service facility), establishing a residential component, or positioning for commercial or light industrial use given the road visibility. Utilities and infrastructure may be extended given the state-road adjacency and access points. The terrain is primarily open and workable, which reduces site preparation cost and effort. The openness of the tract means that clearing is minimal and site layout options are broad. Road frontage offers not only access but also branding and signage opportunities for a commercial use. The multiple access points also provide flexibility in traffic flow, separating public and private entrances if desired. The geographic setting in Owen County situates the property within a rural, agricultural region of south-central Indiana that retains strong connectivity to regional markets while offering a quieter land base. The county has a history of agricultural production and natural resource-based operations.