5030 Theater Dr Evansville, IN 47715
This exceptional 1.05-acre parcel, located at 5030 Theater Dr, Evansville, IN 47715 (APN 82-06-13-012-172.002-027), presents a prime opportunity for commercial development. Priced at $285,862 ($272,249/acre), this property boasts a C-4 zoning designation, making it ideal for a variety of retail, restaurant, or service-related businesses. The 45,738 square foot lot offers ample space for construction, and all utilities are readily available. Situated in the Galleria Subdivision, this location benefits from its proximity to a major retail corridor along Green River Road, including the prominent Eastland Mall just south of the property. The seller is open to considering sale, lease, or build-to-suite options, providing flexibility for potential buyers or tenants. The development offers several available parcels with adaptable site layouts, catering to diverse project needs. This is a rare opportunity to secure a well-located commercial lot in a thriving Evansville retail area. Don't miss out on this chance to establish your business in a high-traffic, high-visibility location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.