Pending

Listed by Chris Craig from Home & Harvest Properties LLC

Source: Indiana Regional MLS #202632887

Hwy US-50, Cannelburg, IN, 47519

$1,999,000

435600 sq. ft.

Rural

•

30+ days on the market

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About this property

Rare opportunity to acquire an established, income-producing turkey grow-out operation offering multiple revenue streams, substantial infrastructure, equipment, and approximately 100,000 sq. ft. of production space already in place. Situated on 10 acres in Cannelburg, just off US Hwy 50 and in the heart of the Barr-Reeve, this property offers an excellent location with convenient access for trucks, equipment, deliveries, and daily operations. Located among numerous established turkey and agricultural operations, this property sits in the heart of a strong poultry-producing community. The operation features five 40' x 500' grow-out barns totaling approximately 100,000 sq. ft., all with concrete floors and originally constructed around 2006. Currently operating as a Perdue Farms grow-out operation, the farm averages approximately 3.25 flocks annually with an existing grower contract extending through late 2027. In addition to turkey production income, the operation generates supplemental income through manure sales. A newer manure storage building with concrete high walls provides excellent storage and handling capacity. Infrastructure includes city water plus 2 private wells, chlorinated water treatment, and automatic backup generator power with scheduled maintenance startups. The property also features an insulated 4-bay shop providing excellent equipment storage and maintenance space, along with a dedicated office featuring a full bathroom. Equipment included with the offering includes a John Deere 2555 tractor with bucket and blade, Case 1840 skid steer, John Deere manure spreader, John Deere 4300 tractor/washer setup, subject to final equipment inventory and purchase agreement. For a buyer wishing to live near the operation, seller is also willing to offer an approximately 1/2-acre parcel near the southwest corner for a potential homesite, subject to applicable approvals. This is much more than real estate—it is an established agricultural business with multiple income streams, substantial production capacity, excellent highway access, utilities, equipment, and documented operating history. Financial and additional operating information available to qualified buyers. All income/expense figures are approximate and based on seller-provided and current/historical operating information. As of 8/13 there is a flock currently in the barns.

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