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    Indiana St Evansville, IN 47712

    For Sale
    Contact for pricing

    Two prime lots, high visibility, R-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional offering presents two highly desirable commercial land parcels situated on Evansville's vibrant west side. These non-contiguous lots boast unparalleled visibility and accessibility, directly across from Mead Johnson Nutrition on the Lloyd Expressway, a major thoroughfare with over 48,000 vehicles per day. Lot #1 encompasses approximately one acre, priced at $295,000 ($6.77 per square foot), measuring approximately 300 feet by 140 feet. Lot #2 offers approximately 0.25 acres, priced at $108,900 ($10.00 per square foot), with dimensions of approximately 74 feet by 140 feet. Both lots are currently zoned R-2, however, the seller is willing to cooperate with any necessary petitions for commercial zoning, providing flexibility for a wide range of development opportunities. Convenient access is provided via St. Joseph and Franklin Avenues, placing the property in close proximity to historic West Franklin Street. Furthermore, a future Lloyd Expressway access ramp is planned directly in front of the property, ensuring continued high visibility and accessibility for years to come. This presents a rare opportunity to acquire prime commercial land in a high-traffic area with significant growth potential. The location offers excellent exposure and is ideal for businesses seeking high visibility and convenient access to major transportation routes.

    Property Features for 0 Indiana St

    General Information

    Property type
    Land
    Lot Size
    10,890 SF

    Building Details

    Units
    2

    HighLights

    • High visibility and traffic counts exceeding 48,000 vehicles per day (VPD) on the Lloyd Expressway.
    • Convenient access from St. Joseph and Franklin Avenues.
    • West side location near historic West Franklin Street.
    • Planned future Lloyd Expressway access ramp directly in front of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.602903
    Latitude
    37.978866

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    FAQs

    What type of property is this?
    Land - Two prime lots, high visibility, R-2 zoning.
    Where is this land located?
    The property is located at Indiana St Evansville, IN.
    What are key features of this property?
    This property features: High visibility and traffic counts exceeding 48,000 vehicles per day (VPD) on the Lloyd Expressway.; Convenient access from St. Joseph and Franklin Avenues.; West side location near historic West Franklin Street.
    (812) 426-1070
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    Indiana St Evansville, IN 47712
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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.

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    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
    Indiana St Evansville, IN 47712
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