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    State Rd 66 Hwy Newburgh, IN 47630

    For Sale
    $500,000

    Commercial Land - Newburgh, IN

    Lot size:
    59.64 Acres
    Days on Market:
    276
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for State Rd 66 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    87-16-07-100-026.000-001
    Lot size
    59.64 Acres

    Building Details

    Architectural style
    Other

    F.C. Tucker Emge REALTORS (812) 402-0200 [email protected]

    Listing agent Randy Brown (812) 853-3381 License #RB14009330

    Listing date Mar 5, 2025

    MLS# 202506772 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 Commercial Land Opportunity

    This 59.6446-acre commercial land is located in Newburgh, Indiana, between Overlook Park and Cypress Creek. The property has a highway cut for access. It was previously zoned for mixed-use development. The zoning includes R-3 for condos, W-F for a marina on the portion of the property below the 100-year floodplain, and C-3 light commercial, potentially for a restaurant. The property is located in Warrick County and features an abundance of wildlife, including deer and wild turkey.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Newburgh
    County
    Warrick
    State
    Indiana
    Longitude
    -87.359493256378
    Latitude
    37.931769937634

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    FAQs

    What type of property is this?
    Commercial land - 59.64-acre commercial land in Newburgh, Indiana, for sale.
    Where is this commercial land located?
    The property is located at State Rd 66 Hwy Newburgh, IN.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Zoned for mixed use: R-3 (condos), W-F (marina), and C-3 (light commercial/restaurant).; - Highway cut already in place for property access.; - Located between Overlook Park and Cypress Creek.
    (812) 853-3381
    Request Owner's contact information
    State Rd 66 Hwy 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

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    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
    State Rd 66 Hwy Newburgh, IN 47630
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