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    806 N Fares Ave Evansville, IN 47711

    For Sale
    Contact for pricing

    Prime vacant lot in Evansville, ideal for development.

    Property size:
    27,007 SF
    Lot size:
    27.00 Acres

    Property Features for 806 N Fares Ave

    General Information

    Size
    27,007 SF
    Lot size
    27.00 Acres

    Building Details

    Year built
    1950

    Source: Scott Hyatt, CCIM Agent Scott Hyatt, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Evansville Vacant Lot Opportunity

    This vacant lot is located in the Evansville area, offering ample space for development and a range of investment opportunities. The property is suitable for a new office development, mixed-use space, or other investment ventures. The surrounding area offers a thriving business environment with access to commercial and retail hubs. Nearby attractions include the Ford Center, Tropicana Evansville Casino, and the historic district. The location provides networking and entertainment options, a diverse dining scene, and bustling commercial activity. A building of up to 10,000 square feet can be built on the 27007.2 square foot lot, which is close to US-41.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5435826
    Latitude
    37.9849222

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    FAQs

    What type of property is this?
    Land - Prime vacant lot in Evansville, ideal for development.
    Where is this land located?
    The property is located at 806 N Fares Ave Evansville, IN.
    What are key features of this property?
    This property features: - Prime vacant lot in a vibrant Evansville location, ideal for development.; - 27007.2 SF lot size provides ample space for various investment opportunities.; - Build to suit up to 10,000 SF.
    (812) 430-4989
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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
    806 N Fares Ave Evansville, IN 47711
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