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    9866 Oak Grove Rd Newburgh, IN 47630

    For Sale
    $2,493,750

    Agricultural Land - Newburgh, IN

    Lot size:
    19.55 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 9866 Oak Grove Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    87-12-17-400-020.000-019
    Lot size
    19.55 Acres

    Building Details

    Architectural style
    Other

    Key Associates Signature Realty (812) 937-4486 [email protected]

    Listing agent Shannon Kendle (812) 937-4486 License #RB21001289

    Listing date Nov 18, 2025

    MLS# 202445905 Listing URL

    Copyright © 2025 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newburgh Land Development Opportunity

    This 19.55-acre property is located within one of Newburgh’s rapidly expanding development corridors. The site includes a small 2-bed home, but the primary value is in the land and location. The seller is open to combining this parcel with the adjacent 19.48 acres at 0 Oak Grove Rd, potentially creating nearly 40 contiguous acres suitable for commercial, medical, multi-family, or mixed-use development. The property features Evansville Silt Loam soil and previously completed soil testing. Roadway improvements are already in place from Phase 1 of the road-widening project. The home is currently served by a mound septic system, and sanitary sewer access is available at Epworth Road with extension required. The location provides access to I-69, the East Side, and downtown Newburgh. The property offers visibility, development potential, and flexible future rezoning options, making it suitable for investors or developers seeking a large-scale project in a high-demand corridor. It is located in Newburgh, IN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Pharmacy Hotel & Motel Gym & Fitness Skin Care Clinic Kitchen & Bath Storage Facility Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Warrick
    State
    Indiana
    Longitude
    -87.436164
    Latitude
    37.991567

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    FAQs

    What type of property is this?
    Land - 19.55 acres in a rapidly expanding development corridor.
    Where is this land located?
    The property is located at 9866 Oak Grove Rd Newburgh, IN.
    What is the asking price?
    The asking price for this property is $2,493,750.
    What are key features of this property?
    This property features: - Prime location in Newburgh's rapidly expanding development corridor.; - Significant development potential for commercial, medical, multi-family, or mixed-use projects.; - Opportunity to acquire nearly 40 contiguous acres by combining with adjacent parcel.
    (812) 937-4486
    Request Owner's contact information
    9866 Oak Grove Rd Newburgh, IN 47630
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    Newburgh, IN 47630
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9866 Oak Grove Rd Newburgh, IN 47630
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