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E State Road 164 Road, Jasper, IN 47546

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For Sale

$6,313,513

98.44 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 98.4 acres
    Lot size

Explore this Property

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 this an attractive option for a variety of 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.
MLS# 202444640

Courtesy Of William Minor

(217) 285-9000

Property Features

  • Architecture Style
    Other
  • Lot Size
    98.44 Acres

Map and Directions

Directions to E State Road 164 Road, Jasper, IN 47546

Home seller CENTURY 21 Classic Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Classic Realty

(812) 254-5204
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.