0 B drive, Brazil, IN 47834

18 Photos
 
$1,850,000 List Price
Off Market
 
Listing ID 10920711
Property Type Farm/Estate
County Clay
FEMA Flood Map fema.gov/portal
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Investment Property For Sale!

Investment Property Great Investment Opportunity! Solar Farm Properties located in Clay County, Indiana 47834 Asking price $1,850,000.00 for both properties together. Property 1 located in Staunton, IN 168 acres total 45 acres of solar farm. Income from the lease of solar is $45,000.00 annually. Payments on solar lease are bi-annual. 40 years remaining on lease of solar farm. 80 acres of tillable farmed on shares. Average income for this is $17,000.00 annually. 10 acres of timber. Remaining acreage is part of a lake and grasslands. Fishing is excellent. Income for the next 40 years: $1,800,000.00 solar + $680,000.00 = $2,480,000.00 Property 2 located in Brazil, IN just northwest of the high school. 40 acres total 40 acre solar farm. Income from the lease of solar is $33,000.00 annually. Payments on solar lease are bi-annual 35 years remaining on the lease. Income for the next 35 years = $1,155,000.00 Total for both farms = $3,635,000.00 The Lessee pays the property taxes on the ground they lease. $6,000.00 Property owner pays the property taxes on the remaining ground. Cost is $26.00 per acre.
Property Details
  • 205.00 Acres
Exterior Features
  • Lake View
  • Wooded View
  • Private View
  • Scenic View
  • Park View
  • Farm View
Previously Listed By
Mossy Oak Properties Indiana Land & Lifestyle
Office: 765-505-4155
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