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    Cor State Rd. 66 & Grimm Rd Newburgh, IN 47630

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    For Sale
    Contact for pricing

    27 Acres, Prime Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 27.11-acre commercial land parcel is strategically located at the southeast corner of State Road 66 and Grimm Road in Newburgh, Indiana, within the Gateway Business Park. The property boasts high visibility and accessibility, making it ideal for a variety of commercial developments. Zoned C-4 and R-0, the land offers flexibility for multi-family, office, and retail projects. The property is comprised of multiple lots, with varying pricing and availability. Lot 1 is available for sale at $16 per square foot. Lots 2 and 3, and Lot 6 are available for lease only. Lots 4 and 5 are currently occupied by Energy Systems Group. The property's APN numbers are 87-12-28-100-091.000-019; 87-12-28-100-090.000-019; and 87-12-28-100-035.000-019. This prime location in Warrick County, Indiana, zip code 47630 (latitude 37.976449, longitude -87.432105), presents a unique opportunity for investors and developers seeking a high-impact commercial development site. Lots 7-17 are also available for sale at $4 per square foot. Contact us today to explore the possibilities.

    Property Features for 0 Cor State Rd. 66 & Grimm Rd

    General Information

    Property type
    Land
    Lot Size
    1,180,912 SF

    HighLights

    • Highly visible and accessible lots available for sale in Newburgh, Indiana's Gateway Business Park.
    • Suitable for multi‑family, office, and retail development, with C‑4 and R‑0 zoning.
    • Lot 1: $16/SF.
    • Lots 2 & 3: Lease only.
    • Lots 4 & 5: Occupied by Energy Systems Group.
    • Lot 6: Lease only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newburgh
    County
    Warrick
    State
    Indiana
    Longitude
    -87.432105
    Latitude
    37.976449

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    FAQs

    What type of property is this?
    Land - 27 Acres, Prime Commercial Land
    Where is this land located?
    The property is located at Cor State Rd. 66 & Grimm Rd Newburgh, IN.
    What are key features of this property?
    This property features: Highly visible and accessible lots available for sale in Newburgh, Indiana's Gateway Business Park.; Suitable for multi-family, office, and retail development, with C-4 and R-0 zoning.; Lot 1: $16/SF.
    (812) 474-1900
    Request Owner's contact information
    Cor State Rd. 66 & Grimm Rd Newburgh, IN 47630
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    Newburgh, IN 47630
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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
    Cor State Rd. 66 & Grimm Rd Newburgh, IN 47630
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