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    Grn Riv Rd & Theater Dr Evansville, IN 47715

    Sponsored
    For Sale
    $1,787,702

    8.64 Acres, Prime Evansville Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.64-acre parcel, located in Evansville, Indiana, presents a unique investment opportunity. Situated at the intersection of N Green River Rd and Theater Dr, this C-4 zoned land offers unparalleled flexibility for a variety of commercial uses, including retail, restaurant, and service-oriented businesses. The property boasts frontage on Galleria Dr., Smythe Rd, and Theater Dr., providing excellent visibility and accessibility. Priced at $1,787,702 ($4.76/SF), this land offers significant potential for development. All utilities are readily available, and the site benefits from its proximity to Eastland Mall, a major retail center in the area. The property's location along a heavily developed stretch of N. Green River Rd ensures high traffic volume and strong consumer presence. Adjacent acreage is also available for expansion. This is an ideal location for businesses seeking high visibility and convenient access to a thriving retail corridor. The site layout offers flexibility, allowing for customized development to meet specific business needs. The property's APN is 82-06-13-017-158.001-027. This is a rare opportunity to acquire a substantial land parcel in a prime Evansville location. The property is available for sale, lease, or build-to-suit options.

    Property Features for 0 Grn Riv Rd & Theater Dr

    General Information

    Property type
    Restaurants
    Lot Size
    376,358 SF

    HighLights

    • 8.64‑acre parcel available on N. Green River Rd., Evansville, IN.
    • $1,787,702.40 ($4.76/SF).
    • Frontage on Galleria Dr., Smythe Rd., and Theater Dr.
    • C‑4 zoning; all utilities available.
    • Adjacent acreage available for expansion.
    • Ideal for retail, restaurant, or service businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.492494
    Latitude
    37.995533

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    FAQs

    What type of property is this?
    Restaurant - 8.64 Acres, Prime Evansville Location
    Where is this restaurant located?
    The property is located at Grn Riv Rd & Theater Dr Evansville, IN.
    What is the asking price?
    The asking price for this property is $1,787,702.
    What are key features of this property?
    This property features: 8.64-acre parcel available on N. Green River Rd., Evansville, IN.; $1,787,702.40 ($4.76/SF).; Frontage on Galleria Dr., Smythe Rd., and Theater Dr.
    Request Owner's contact information
    Grn Riv Rd & Theater Dr Evansville, IN 47715
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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
    Grn Riv Rd & Theater Dr Evansville, IN 47715
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