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    201 Kirkwood Dr Evansville, IN 47715

    Sponsored
    For Sale
    $1,891,415

    Four Evansville lots, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional offering presents four prime commercial land parcels in Evansville, Indiana, ideally situated on the southwest corner of I-69 and SR 66, ensuring unparalleled visibility and accessibility. The four lots, identified as 201, 221, 301, and 321 Kirkwood Drive, offer a combined opportunity for significant development. Lot 5 (201 Kirkwood Dr) encompasses 1.17 acres and is priced at $510,525. Lots 4, 3, and 2 (221, 301, and 321 Kirkwood Dr, respectively) each measure 1.22 acres and are individually priced at $451,950 (Lots 4 & 3) and $476,990 (Lot 2). The total asking price for all four lots is $1,891,415. Each lot boasts a land value ranging from $8.50 to $10.00 per square foot. All parcels are zoned C-2, subject to Use and Development Commitments, providing flexibility for a variety of commercial ventures. The APN for the combined property is 82-07-30-012-157.005-027. This strategic location, coupled with the substantial lot sizes and favorable zoning, presents a compelling investment opportunity for developers seeking high-impact commercial projects in a thriving area. The city and zip code are Evansville, IN 47715. This is a rare opportunity to acquire multiple contiguous lots in a high-traffic area.

    Property Features for 201 Kirkwood Dr

    General Information

    Property type
    Land
    Lot Size
    50,965 SF

    HighLights

    • $1,891,415 asking price for four commercial land parcels.
    • Four parcels totaling approximately 4.83 acres.
    • Individual lot sizes range from 1.17 to 1.22 acres.
    • Located at 201, 221, 301, & 321 Kirkwood Dr, Evansville, IN 47715.
    • C‑2 zoning.
    • Excellent visibility at the southwest corner of I‑69 and SR 66.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency 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
    -87.459638793442
    Latitude
    37.97338554082

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    FAQs

    What type of property is this?
    Land - Four Evansville lots, high visibility.
    Where is this land located?
    The property is located at 201 Kirkwood Dr Evansville, IN.
    What is the asking price?
    The asking price for this property is $1,891,415.
    What are key features of this property?
    This property features: $1,891,415 asking price for four commercial land parcels.; Four parcels totaling approximately 4.83 acres.; Individual lot sizes range from 1.17 to 1.22 acres.
    (812) 477-6980
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    201 Kirkwood Dr 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
    201 Kirkwood Dr Evansville, IN 47715
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