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    13809 Old State Rd Evansville, IN 47725

    Sponsored
    For Sale
    $275,000

    Prime North Evansville development land. Utilities available.

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    351
    This exceptional 275,000 dollar residential land parcel presents a unique development opportunity in a highly sought-after area of Evansville, Indiana. Situated on Old State Road, just off Highway 41 North, this property offers convenient access to major roadways and local amenities. The land is identified as parcel 3 on the survey. This prime location on the north side of Evansville is known for its desirability and strong potential for residential growth. The property is ready for development, with readily available water and electric services already in place. This makes the site ideal for building new homes or other residential projects. The address is 13809 Old State Road, Evansville, IN 47725, located in Vanderburgh County. Don't miss this chance to acquire a piece of Evansville's thriving residential market. This is a remarkable opportunity for investors and developers alike. The property is classified as residential land.

    Property Features for 13809 Old State Rd

    General Information

    Property type
    Land

    HighLights

    • $275,000 asking price.
    • Residential land in Evansville, Indiana.
    • Located on the north side of Evansville, near Highway 41 N.
    • Development opportunity.
    • Water and electric available.
    • Parcel 3 per survey.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Auto Repair Shop Wholesale Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5525101
    Latitude
    38.102947

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    FAQs

    What type of property is this?
    Land - Prime North Evansville development land. Utilities available.
    Where is this land located?
    The property is located at 13809 Old State Rd Evansville, IN.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: $275,000 asking price.; Residential land in Evansville, Indiana.; Located on the north side of Evansville, near Highway 41 N.
    Request Owner's contact information
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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
    13809 Old State Rd Evansville, IN 47725
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