For sale

Strategic Investment Opportunity With Versatile Land Features

Acreage

93.84 ±

County

Dubois

Price

$8,258,008

Description

Discover an exceptional investment opportunity with this strategically positioned property offering versatile short- and long-term potential. Located at the intersection of the proposed Mid-States Corridor and State Road 164, this site provides prime access for travelers heading to Patoka Lake, one of southern Indiana’s most popular recreational destinations. The planned interchange promises excellent visibility and enhanced connectivity, solidifying the property’s long-term development value.

As the Mid-States Corridor project moves forward, this region is poised for significant economic growth, making it an attractive option for various uses. From commercial hubs and retail spaces to residential communities or mixed-use developments, the site offers the flexibility to meet the demands of a growing market. Its scenic setting and close proximity to both Patoka Lake and Jasper add to its appeal, drawing local and tourist traffic alike.

In addition to development opportunities, the property offers immediate leasing potential for contractors and project managers seeking well-located laydown or staging areas. These sites are critical for organizing resources and maintaining efficient operations in highway construction and similar projects. The owner is offering three designated areas for lease at $2,000 per acre per month: a 5± acre tract on the west side of the project with access from E Jasper Dubois Road, and two 11± acre tracts located on the east side of the project. Each site provides ample space for equipment storage, material stockpiling, prefabrication work, and construction waste management. With direct proximity to the proposed Mid-States Corridor and a planned interchange, these locations combine excellent accessibility and visibility, making them ideal bases of operation for infrastructure or utility work.

With infrastructure improvements set to drive land appreciation and economic activity, this property represents a smart move for developers, investors, and contractors alike. Secure your place in Jasper’s promising future—contact us today for more information or to schedule a visit.

Summary

Property SummaryProperty

Road Surface

Pavement

Property Type

Farms, Undeveloped Land

Road Frontage

State Highway, County Road

Property Summary Approximate Distances

3 mi Jasper
8 mi I-64/SR 162 Interchange

Land DetailsUtilities

electric: nearby

gas: nearby

internet: nearby

water: nearby

Address off E State Road 164, Lot#WP001 Jasper, IN 47546

View on Google Maps

Details

  • Prime Access: 600’ frontage on State Road 164 and 225’ on E Jasper-Dubois Rd.
  • Versatile Land: Includes 35± acres of timber, 62± tillable acres, and a 2.5± acre homestead.
  • Strategic Location: Near the proposed Mid-States Corridor and a gateway to Patoka Lake.
  • Future Potential: Ideal for farming, residential, or commercial development projects.

Other

Coordinates

38.3913, -86.8795

Annual Taxes

$1,225

Listing Agents

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