Excellent development opportunity on approx. 50 acres priced at $30,000/acre recently annexed into the City of Ligonier. Zoned Planned Unit Development, these 50 acres has been approved by the City of Ligonier for Residential and Multi-Family development. Seller will divide and price accordingly. Property has access to US Hwy 33 with Diamond Lake Rd. to be extended to create further access and allow for buffer in between the Residential properties and the Industrial and Commercial properties. Growing and proactive city administration in heavy favor of expanding the city. Utilities nearby at Lake City Bank. US Hwy 33 over 11,000 cars daily, US Hwy 6 nearly 10,000 cars daily (INDOT Traffic Counts).