Listing Agency: FC Tucker Commercial k***@fctuckercommercial.com Show Phone

Listed By: Kristin Dannheiser · License #IN RB14049052

Source: Crexi

Added: Mar 10, 2022 Changed: Aug 8 Last Checked: Aug 8 at 11:20AM

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Investment Insights

Based on property information with market context.

This property, situated just off Sharon Rd, presents an opportunity for multi-family development. A gas pipeline traverses the land from east to west, necessitating a green space that could be utilized as a dog park or playground. The surrounding area features a mix of homes and apartments, with Sharon Elementary located approximately 1/4 mile away. New sewer access is planned for the southeast corner of the property.

Key Highlights

• Ideal location for multi‑family development.
• Proximity to existing homes and apartments.
• New sewer access available.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Grocery & Convenience Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

298

Businesses Nearby

Explore this area Business Placement

Demographics for 47630, IN

38,309

Population

15,620

Households

2.5

Avg Household Size

41

Median Age

44%

College-Educated

97%

High-School Grad

47.0 sq mi

ZIP Area

815

Density / Sq Mi

$101,462

Median Household Income

$53,105

Median Earnings

$1,108

Median Rent

$255,200

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Land suitable for multi-family development near Sharon Elementary.

Where is this residential land & home lot located?

The property is located at 4300 Lenn Rd Newburgh, IN.

What is the asking price?

The asking price for this property is $698,600.

What are key features of this property?

This property features: Ideal location for multi‑family development.; Proximity to existing homes and apartments.; New sewer access available.