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    The Promenade - Section 7 Evansville, IN 47715

    Sponsored
    For Sale
    $512,300

    1.12-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 1.12-acre commercial land parcel presents a unique investment opportunity in Evansville, Indiana. Situated in the highly desirable Promenade development, Section 7 Lot 13, this property boasts a prime location on Vogel Road, directly across from Fresh Thyme. The Promenade is a premier, planned mixed-use development, the only one of its kind in Southwest Indiana and the Tri-State area. This development offers a vibrant blend of residential, commercial, and recreational amenities, creating a thriving live-work-play environment. The site is part of a larger project featuring Costco outlots and various box and shopping center sites, ensuring high visibility and accessibility. The development's high-quality design and construction, combined with its strategic location, promise significant long-term value. The Promenade's thoughtful design incorporates lush landscaping, parks, water features, and a downtown streetscape atmosphere, creating a sophisticated yet charming environment. This 1.12-acre lot offers a wide range of development possibilities, making it an ideal investment for discerning buyers seeking a prime location within a thriving mixed-use community. The asking price for this exceptional property is $512,300. The property is located in Vanderburgh County, Indiana, with a zip code of 47715.

    Property Features for 0 The Promenade - Section 7

    General Information

    Property type
    Land
    Lot Size
    48,787 SF

    HighLights

    • $512,300 asking price for 1.12 acres of commercial land.
    • Located in Evansville, Indiana, at The Promenade - Section 7 Lot 13, on Vogel Rd across from Fresh Thyme.
    • Part of a mixed‑use development with Costco outlots and shopping center sites available.
    • Offers a variety of lot sizes and uses within a high‑end, live‑work‑play environment.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.4707319
    Latitude
    37.9875511

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    FAQs

    What type of property is this?
    Land - 1.12-acre commercial lot, prime location.
    Where is this land located?
    The property is located at The Promenade - Section 7 Evansville, IN.
    What is the asking price?
    The asking price for this property is $512,300.
    What are key features of this property?
    This property features: $512,300 asking price for 1.12 acres of commercial land.; Located in Evansville, Indiana, at The Promenade - Section 7 Lot 13, on Vogel Rd across from Fresh Thyme.; Part of a mixed-use development with Costco outlots and shopping center sites available.
    (812) 573-3500
    Request Owner's contact information
    The Promenade - Section 7 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.

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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
    The Promenade - Section 7 Evansville, IN 47715
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