Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    41 And Baseline Rd Evansville, IN 47725

    For Sale
    $183,423

    Prime Retail/Industrial Land, Hwy 41 Frontage

    Property size:
    61,141 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.4-acre commercial lot, identified as APN 07-091-09-262-011, presents a unique investment opportunity in Evansville, Indiana. Located at the high-traffic intersection of Highway 41 North and Baseline Road, this property boasts an estimated 28,000 daily vehicle count, ensuring high visibility and accessibility for any business. The lot is zoned M-2, offering flexibility for a variety of retail or industrial uses. With a total area of 61,141 square feet, the land is priced at $183,423, or $130,680 per acre. All utilities and streets are already in place, simplifying development and reducing upfront costs. The strategic location provides convenient access to I-64 and the Evansville Regional Airport, further enhancing its appeal. This is one of five available lots ranging from 1.4 to 2.8 acres, offering potential for expansion or multi-tenant development. Detailed covenants, restrictions, and plat maps are available upon request. Don't miss this chance to secure a prime commercial property in a thriving Evansville location.

    Property Features for 41 And Baseline Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    61,141 SF
    Lot Size
    60,984 SF

    HighLights

    • 1.4‑acre commercial lot in Evansville, IN, APN 07‑091‑09‑262‑011.
    • High‑traffic location at Hwy 41 N & Baseline Rd, estimated 28,000 daily vehicles.
    • M‑2 zoning allows for retail or industrial uses.
    • 61,141 sq ft lot priced at $183,423 ($3/sq ft, $130,680/acre).
    • Utilities and streets are available; convenient I‑64 and Evansville Regional Airport access.
    • One of five available lots (1.4‑2.8 acres).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5105734
    Latitude
    38.1222287

    Nearby Similar for Sale

    • $4,900,000
      35.00 Acres

      Remarkable Mixed-Use Property with Equestrian Center

      35-acre property with potential for commercial or residential use.
      7700 Henze Rd, Evansville, IN 47720
      View Details
    • $110,000
      Pending

      Evansville Fiveplex with Renovation Potential

      Five-unit multifamily property in downtown Evansville, offering significant upside potential.
      216 Oak St, Evansville, IN 47713
      View Details
    • $1,225,000
      0.07 Acres

      Restored Restaurant/Bar Opportunity

      Restored bar and restaurant in downtown Evansville.
      22 NW 6Th St, Evansville, IN 47708
      View Details
    • $265,000
      Pending

      Brick Duplex on Corner Lot

      Desirable duplex with income potential on a corner lot.
      213 Lorshelna Dr, Evansville, IN 47711
      View Details
    • $275,000
      Pending

      Income-Producing Triplex in Evansville, IN

      Income-generating triplex, ideal for short-term rentals or long-term leases.
      903 Edgar St, Evansville, IN 47710
      View Details
    • $236,000
      0.40 Acres

      Mixed-Use Property with Ample Parking

      Mixed-use property featuring multiple buildings and ample parking.
      1319/1321 N 1St Ave, Evansville, IN 47710
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime Retail/Industrial Land, Hwy 41 Frontage
    Where is this individual retail property located?
    The property is located at 41 And Baseline Rd Evansville, IN.
    What is the asking price?
    The asking price for this property is $183,423.
    What are key features of this property?
    This property features: 1.4-acre commercial lot in Evansville, IN, APN 07-091-09-262-011.; High-traffic location at Hwy 41 N & Baseline Rd, estimated 28,000 daily vehicles.; M-2 zoning allows for retail or industrial uses.
    Request Owner's contact information
    41 And Baseline Rd Evansville, IN 47725
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    41 And Baseline Rd
    Evansville, IN 47725
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    41 And Baseline Rd Evansville, IN 47725
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.