Evansville, IN Commercial Land for Sale

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Updated: Aug 8, 2025

66 Acres Prime Evansville Land

3100 N Burkhardt Road, Evansville, IN 47715

$2,900,000

66.00 AC lot

66 Acres of Prime Eastside Land
Highly Desirable Eastside Location
Seconds from I‑69
Rare Opportunity
Endless Potential for Development

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Updated: Dec 12, 2025

Corner Commercial Development Land

318 320 322 E Cherry Street, Evansville, IN 47713

$59,900

0.33 AC lot

Three adjoining lots sold as a package at the corner of S Governor and E Cherry in the near‑downtown area
Combined E Cherry Street frontage: 99 ft; depth: 144 ft along S Governor (per Vanderburgh County Assessor)
322 E Cherry is zoned C‑4 Commercial
320 and 318 E Cherry are zoned R‑5 Residential
Buyer may request a zoning change for the R‑5 parcels or keep them residential for development flexibility

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Evansville Land with Development Potential

111 N RED BANK RD, Evansville, IN 47712

$375,000

2,610 sqft

Unique westside location suitable for multifamily or commercial development.

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Corner Development Land with Ramp Access

2808 Riverwind Pointe Dr, Evansville, IN 47715

$1,500,000

10.00 AC lot

Corner parcel with utilities in place and immediate access to I-69 on/off ramps.

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Mixed-Use Development Land Available

6827 Oak Grove Rd, Evansville, IN 47715

$720,000

215.00 AC lot

Land for mixed-use development in Evansville's eastside commercial district.

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Commercial Development Land Parcel

6929 E Lloyd Expressway, Evansville, IN 47715

$399,000

1.39 AC lot

Vacant commercial lot near Target, positioned just off I-69 for straightforward access and strong visibility.

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Commercial Outlot Land Parcel

2500 North First Avenue, Evansville, IN 47710

$560,000

1.33 AC lot

Commercial outlot land for sale, offering a flexible site for future development at 2500 North First Avenue.

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Prime Land at I-69 Interchange

3801 North Burkhardt Road, Evansville, IN 47715

$2,900,000

13.87 AC lot

13.87 acres with high visibility and access.

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High Visibility Development Site

3900 N Green River Rd, Evansville, IN

$1,550,000

6.50 AC lot

Prime development site with high traffic and visibility.

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Prime Industrial Land Opportunity

7501 7407 Marco Dr, Evansville, IN 47715

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4 sqft

Industrial property with versatile zoning and convenient transportation access.

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Mixed-Use Development Land Available

6811 Vogel Rd, Evansville, IN 47715

$674,500

Land for mixed-use development in Southwest Indiana.

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Corner Retail Development Site

601 E Franklin St, Evansville, IN 47711

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2,550 sqft 0.20 AC lot

Corner lot with street and alley access, plus a 2,550 SF masonry building needing rehab or razing.

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Commercial Property on Vogel Road

5441 Vogel Road, Evansville, IN 47715

$455,000

Commercial property in a strong corridor suitable for various uses.

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Prime Land with Highway Frontage

18200 US-41, Evansville, IN 47701

$499,995

12.00 AC lot

Commercial land with high visibility and highway access.

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Prime Commercial Land Outparcel

630 Boonville New Harmony Rd, Evansville, IN 47725

$230,000

Located at signalized intersection near Highway 41.

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Commercial Land Lot

314 Edgar St, Evansville, IN 47710

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Vacant lot offered for build-to-suit development near schools and shopping.

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C-4 Industrial/Commercial Land Site

7331 7407 7501 Marco Dr, Evansville, IN 47725

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Zoned C-4 industrial/commercial land with access to major transportation routes and nearby industrial uses.

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East Side Corner Lot

211 S Green River Rd, Evansville, IN

$250,000

0.32 AC lot

High-traffic commercial land on South Green River Rd.

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Prime Commercial Land For Lease

1301 Covert Avenue, Evansville, IN 47714

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0.75 acre commercial land with high visibility for lease.

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Corner Commercial Development Land

7100 Felstead Rd, Evansville, IN 47712

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Corner acreage fronting Lloyd Expressway with utilities on site, two entrances, and shovel-ready development.

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Corner Lot on Green River

4019 N Green River Rd, Evansville, IN 47715

$525,000

C-2 zoned land ready for development on Green River.

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Commercial Land Off Vogel Road

5801 Vogel Rd, Evansville, IN 47715

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10.248-acre commercial site along Vogel Road with flexibility for multiple commercial use types and potential subdivision.

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Land Available For Mixed-Use Development

707 Castle Creek Dr, Evansville, IN

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1.51 AC lot

Land available for sale or lease in mixed-use development.

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Land Available For Mixed-Use Development

19720-19800 Castle Creek Dr, Evansville, IN

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2.16 AC lot

Land available for sale or lease in mixed-use development.

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Evansville, IN Commercial Land Market Trends and Statistics

Explore 95 commercial land for sale in Evansville, IN, showcased through 95 active listings on our real estate platform. These investment opportunities span a total of 279,320 square feet of properties for sale, with an estimated market value of $4,445,264.

Sale prices for commercial lots in Evansville, IN start at $125,452, averaging $635,037, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 183K

Population Growth (5Y) +10.0%

Median Household Income $64,157

College Educated 10.1%

High-Yield Neighborhoods for Investment

Identify Evansville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
47711	$275K
47710	$280K
47712	$375K
47725	$394.7K
47701	$500K

Taxes & Financing

Tax Rate (average for all types) 2.78%

Property Tax per SF $43.26 per SF

Tax Rate vs County Average 0.14 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Vanderburgh County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Vanderburgh County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Evansville fall within the under-1-acre range.

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