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    4925 Theater Dr Evansville, IN 47715

    Sponsored
    For Sale
    $141,764

    1.05-Acre Commercial Lot in Evansville, IN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1.05-acre commercial lot, located at 4925 Theater Dr, Evansville, IN 47715 (APN 82-06-13-016-124.004-027), is available for sale. Priced at $141,764 ($6.78/SF), this C-4 zoned property offers significant potential for various commercial uses. Ideal for retail, restaurant, or service-related businesses, the lot provides flexibility in site layout. All utilities are available. The property is situated in a thriving retail area, near Eastland Mall, a major shopping destination in Evansville. This location benefits from its proximity to Green River Road, a well-established retail corridor. The property's size and zoning make it a prime opportunity for developers and businesses seeking a strategic location in a high-traffic area. This parcel presents a compelling investment opportunity in a dynamic commercial market. The land is ready for immediate development or build-to-suit projects. Serious inquiries are encouraged.

    Property Features for 4925 Theater Dr

    General Information

    Property type
    Land
    Lot Size
    45,738 SF

    HighLights

    • Parcel ID: 82‑06‑13‑012‑172.002‑027
    • Price: $285,862.50 ($6.25/SF)
    • Suitable for retail, restaurant, or service businesses
    • 1.05‑acre lot (45,738 SF)
    • C‑4 Zoning
    • Full utilities available
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.49015
    Latitude
    37.995171

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    FAQs

    What type of property is this?
    Land - 1.05-Acre Commercial Lot in Evansville, IN
    Where is this land located?
    The property is located at 4925 Theater Dr Evansville, IN.
    What is the asking price?
    The asking price for this property is $141,764.
    What are key features of this property?
    This property features: Parcel ID: 82-06-13-012-172.002-027; Price: $285,862.50 ($6.25/SF); Suitable for retail, restaurant, or service businesses
    (812) 477-6980
    Request Owner's contact information
    4925 Theater Dr Evansville, IN 47715
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    Evansville, IN 47715
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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
    4925 Theater Dr Evansville, IN 47715
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