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    Marco Dr Evansville, IN 47715

    Sponsored
    For Sale
    $320,000

    4.26 acres Commercial Land in Evansville, IN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.262-acre commercial lot, designated as Lot 106, presents a prime development opportunity within the thriving East Pointe Business Park in Evansville, Indiana. Strategically located on Marco Drive, this property boasts exceptional visibility from Highway 62 (E Morgan Avenue), ensuring high traffic exposure for any future development. The property is zoned C-4, allowing for a wide range of commercial uses. Existing infrastructure includes water retention, simplifying the development process and reducing upfront costs. The lot is part of an established business park, sharing proximity with reputable companies such as Working Distributors, Crown Equipment, and Nichols Electric, providing a strong sense of community and established infrastructure. Detailed building covenants and a survey are readily accessible for review. This parcel offers a unique chance to capitalize on Evansville's robust commercial market and benefit from the existing infrastructure and established business environment of East Pointe Business Park. The asking price for this exceptional opportunity is $320,000. The property's location is in Vanderburgh County, Indiana, with a zip code of 47715. Don't miss this chance to secure a prominent location in a thriving business park.

    Property Features for 0 Marco Dr

    General Information

    Property type
    Land
    Lot Size
    185,653 SF

    HighLights

    • 4.26‑acre commercial lot in Evansville, IN's East Pointe Business Park.
    • High visibility from Highway 62 (E Morgan Avenue) on Marco Drive.
    • C‑4 zoning allows diverse commercial uses.
    • Existing water retention infrastructure reduces development costs.
    • Located near established businesses like Working Distributors and Crown Equipment.
    • Asking price: $320,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.4610003
    Latitude
    37.999681

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    FAQs

    What type of property is this?
    Land - 4.26 acres Commercial Land in Evansville, IN
    Where is this land located?
    The property is located at Marco Dr Evansville, IN.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: 4.26-acre commercial lot in Evansville, IN's East Pointe Business Park.; High visibility from Highway 62 (E Morgan Avenue) on Marco Drive.; C-4 zoning allows diverse commercial uses.
    (800) 564-1024
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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
    Marco Dr Evansville, IN 47715
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