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    Ruffian Way Evansville, IN 47725

    For Sale
    $335,000

    1.29 Acres, M-2 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.29-acre commercial land parcel presents a prime development opportunity in Evansville, Indiana. Strategically located near the southwest intersection of Interstate 64 and US Highway 41 North, this property boasts unparalleled visibility and accessibility for any business. The M-2 zoning allows for a diverse range of commercial uses, making it an ideal investment for entrepreneurs and developers alike. The lot, identified by APN 82-02-20-009-012.006-030, is priced at $335,000 and offers significant potential for substantial return. Its prime location ensures high traffic volume and exposure to a large customer base. The property's size and zoning flexibility provide ample space for a variety of development projects, from retail establishments to light industrial facilities. This is a rare chance to acquire a highly desirable commercial property in a thriving Indiana market. The address is Ruffian Way, Evansville, IN 47725. Don't miss this opportunity to secure a piece of Evansville's vibrant commercial landscape. Serious inquiries are encouraged.

    Property Features for 0 Ruffian Way

    General Information

    Property type
    Land
    Lot Size
    56,192 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.553303401876
    Latitude
    38.160760676247

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    FAQs

    What type of property is this?
    Land - 1.29 Acres, M-2 Zoning, High Visibility
    Where is this land located?
    The property is located at Ruffian Way Evansville, IN.
    What is the asking price?
    The asking price for this property is $335,000.
    (812) 474-1900
    Request Owner's contact information
    Ruffian Way Evansville, IN 47725
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    Evansville, IN 47725
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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
    Ruffian Way Evansville, IN 47725
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