Listing Agency: NAI Commercial Services

Listed By: Scott Edmond · License #IN RB15000270

Source: Crexi

Added: Nov 1, 2024 Changed: Aug 11 Last Checked: May 13 at 8:08PM

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Investment Insights

Based on property information with market context.

This property features over 5 acres of wooded land located on the Westside of Evansville, offering proximity to shopping and dining amenities. The site is suitable for a pocket condominium development, multifamily housing, or other light commercial uses. Partnership offers or seller financing may be considered.

Key Highlights

• 5+ acres of land on Evansville's Westside
• Proximity to shopping and dining
• Suitable for condominium, multifamily, or light commercial development

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Daycare Center

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

644

Businesses Nearby

Explore this area Business Placement

Demographics for 47712, IN

24,895

Population

10,795

Households

2.3

Avg Household Size

35

Median Age

29%

College-Educated

93%

High-School Grad

62.7 sq mi

ZIP Area

397

Density / Sq Mi

$64,285

Median Household Income

$36,018

Median Earnings

$933

Median Rent

$173,500

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - 5+ acre wooded land parcel on Evansville's Westside.

Where is this commercial land located?

The property is located at 344 S Red Bank Rd Evansville, IN.

What is the asking price?

The asking price for this property is $150,000.

What are key features of this property?

This property features: 5+ acres of land on Evansville's Westside; Proximity to shopping and dining; Suitable for condominium, multifamily, or light commercial development