Property summary
This 0.41-acre commercial land parcel is ideally situated in Evansville, Indiana, at 630 Boonville New Harmony Rd, offering exceptional visibility and accessibility. Located just east of the signalized intersection of Hwy 41 ( boasting over 25,000 average daily traffic) and Boonville New Harmony Rd (with over 5,000 ADT), this property benefits from significant traffic flow. The site is part of a grocery-anchored center, adjacent to established businesses including Schnuck's Grocery, Old National Bank, German American Bank, Valvoline Oil Change, and The Philly Grill Restaurant. Across Boonville New Harmony Rd are CVS and Wendy's, while across Hwy 41 are the Vanderburgh 4-H Center, Heritage Federal Credit Union, Subway, Papa Johns, 5/3 Bank, and First Financial Bank. This prime location offers a strong demographic profile, with a 5-mile population exceeding 34,000 and an average household income of $107,844. The property is zoned C-4 and is priced at $230,000, representing a land value of $560,976 per acre. This presents a unique opportunity for developers and investors seeking high-traffic exposure in a thriving commercial area of Evansville, Vanderburgh County, Indiana (zip code 47725).
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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