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    228 Palace Dr Evansville, IN 47711

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    For Sale
    $40,000

    Cleared and partially wooded lot ready for new home construction.

    Lot size:
    0.24 Acres

    Property Features for 228 Palace Dr

    General Information

    Lot size
    0.24 Acres

    Source: Dauby Real Estate

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

    Overview

    Residential Lot in Established Neighborhood

    This cleared and partially wooded lot is located in Buckingham Woods, a quiet, established neighborhood. The property offers convenient access to Hwy 41, North Park, top schools, shopping, and dining. Utilities are available, making it ready for new home construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.560677
    Latitude
    38.053932

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    FAQs

    What type of property is this?
    Land - Cleared and partially wooded lot ready for new home construction.
    Where is this land located?
    The property is located at 228 Palace Dr Evansville, IN.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Cleared and partially wooded lot, ready for building your dream home.; - Located in the quiet, established Buckingham Woods neighborhood.; - Easy access to Hwy 41.
    (812) 777-4611
    Request Owner's contact information
    228 Palace Dr Evansville, IN 47711
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    Evansville, IN 47711
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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
    228 Palace Dr Evansville, IN 47711
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