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    1200 Cross Pointe Pl Evansville, IN 47715

    For Sale
    $1,131,000

    Prime Evansville land, Costco adjacency, high-end development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 67,518 square foot commercial land parcel, located at 1200 Cross Pointe Pl, Evansville, IN 47715, presents a unique investment opportunity. Situated within The Promenade, a vibrant mixed-use development in Vanderburgh County, this C-4 & C-2 zoned pad offers unparalleled visibility and access. The property is priced at $1,131,000, translating to $718,835 per acre. The Promenade is Southwest Indiana's only planned, full-scale lifestyle development, combining residential, hospitality, shopping, and dining experiences within a beautifully landscaped setting. This location benefits from its proximity to a Costco store and other retail establishments, ensuring high traffic and strong consumer base. The development features recreational venues, parks, water features, and a sophisticated streetscape design. A wide range of sizes and uses are available within The Promenade, making this an ideal location for a variety of commercial ventures. This is a rare chance to secure a prime location in a thriving, high-end mixed-use development. Don't miss this opportunity to establish your business in a premier Evansville location.

    Property Features for 1200 Cross Pointe Pl

    General Information

    Property type
    Individual retail properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.4641969
    Latitude
    37.9880284

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    FAQs

    What type of property is this?
    Individual retail property - Prime Evansville land, Costco adjacency, high-end development.
    Where is this individual retail property located?
    The property is located at 1200 Cross Pointe Pl Evansville, IN.
    What is the asking price?
    The asking price for this property is $1,131,000.
    (812) 573-3500
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    1200 Cross Pointe Pl 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
    1200 Cross Pointe Pl Evansville, IN 47715
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