0Rochester, IN 46975

This exceptional 25.78-acre property in Rochester, Indiana, presents a remarkable investment opportunity. Ideally situated at the corner of U.S. 31 and Southway 31/Liberty Road, this land boasts significant road frontage: approximately 700 feet along Southway 31/Liberty Road and 1200 feet along U.S. 31 (though access to the latter may be limited). Its strategic location between Indianapolis and South Bend ensures high traffic volume, making it highly attractive for various ventures. The property is classified as vacant land with readily available utilities, including electricity and gas at the roadside. The land's versatility allows for diverse uses, including farming, recreational activities (hunting is possible due to the existing tree line), residential development, industrial applications, or business establishment. For investors, the current cash rent is approximately $200 per acre, with the current tenant potentially continuing the lease for a new buyer. Annual property taxes fall within the $430-$520 range. Lake Manitou and downtown Rochester are conveniently located just minutes away, and Highways 25 and 14 are also easily accessible. This is a rare chance to acquire a substantial parcel of land with immense potential in a thriving location. The asking price is $394,000.