Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1232 Cross Pointe Blvd Evansville, IN 47715

    Sponsored
    For Sale
    $949,000

    1.21-acre Costco outlot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 1.21-acre commercial land parcel, located at 1232 Cross Pointe in Evansville, Indiana (zip code 47715), presents a unique investment opportunity. Situated within The Promenade, a vibrant mixed-use development in Vanderburgh County, this lot offers unparalleled visibility and accessibility. The property boasts a total area of 52,708 square feet and is zoned C-4 & C-2, allowing for a wide range of commercial uses. Its strategic location within The Promenade, a planned, full-scale lifestyle development, ensures high traffic and exposure. The Promenade is the only mixed-use development of its kind in Southwest Indiana and the Tri-State area, combining residential, hospitality, shopping, and dining options in a sophisticated yet charming setting. The development incorporates recreational venues, landscaping, parks, and water features, creating a desirable environment for businesses and customers alike. This outlot is ideally positioned near a Costco, providing significant advantages for businesses seeking high foot traffic and brand synergy. The asking price is $949,000, translating to $773,239 per acre. This represents a compelling investment opportunity in a rapidly growing area. The property's size and zoning provide flexibility for various commercial ventures, making it an attractive option for developers and investors seeking a high-quality location within a thriving community.

    Property Features for 1232 Cross Pointe Blvd

    General Information

    Property type
    Land

    HighLights

    • $949,000 asking price for 1.21 acres.
    • 52,708 square foot lot zoned C‑4 & C‑2.
    • $773,239 per acre land value.
    • Costco outlot; box and shopping center sites available.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Hair Salon Wholesale Shop Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.4670908
    Latitude
    37.9915221

    Nearby Similar for Sale

    • New
      $4,900,000
      35.00 Acres

      Remarkable Mixed-Use Property with Equestrian Center

      35-acre property with 33,000 sq ft home and equestrian center.
      7700 Henze Rd, Evansville, IN 47720
      View Details
    • $1,225,000
      0.07 Acres

      Restored Restaurant/Bar Opportunity

      Restored bar and restaurant in downtown Evansville.
      22 NW 6Th St, Evansville, IN 47708
      View Details
    • $265,000
      Pending

      Brick Duplex on Corner Lot

      Desirable duplex with income potential on a corner lot.
      213 Lorshelna Dr, Evansville, IN 47711
      View Details
    • $275,000
      Pending

      Income-Producing Triplex in Evansville, IN

      Income-generating triplex, ideal for short-term rentals or long-term leases.
      903 Edgar St, Evansville, IN 47710
      View Details
    • New
      $325,000
      2,700 SF

      Well-Maintained Duplex in Evansville

      Residential duplex with strong rental potential in a quiet location.
      207 Lorshelna Dr, Evansville, IN 47711
      View Details
    • $236,000
      0.40 Acres

      Mixed-Use Property with Ample Parking

      Mixed-use property featuring multiple buildings and ample parking.
      1319/1321 N 1St Ave, Evansville, IN 47710
      View Details
    • $399,000
      0.19 Acres

      Updated Office Building For Sale

      Updated office building with parking, near amenities, ready for tenant.
      1010 S Weinbach Ave, Evansville, IN 47714
      View Details
    • $625,000
      0.20 Acres

      Historic Building in Central Evansville

      Turn-of-the-century building with versatile space in a prime location.
      112 Clark St, Evansville, IN 47708
      View Details
    • $164,900
      2,064 SF

      Westside Evansville Duplex Investment

      Duplex with remodeled unit and long-term tenants in place.
      1629 Ewing Ave, Evansville, IN 47712
      View Details
    • $750,000
      Pending

      Renovated Meeting Hall with Rooftop Deck

      Versatile commercial property in downtown Evansville with high visibility.
      212 Main St, Evansville, IN 47708
      View Details
    • New
      $125,000
      1,924 SF

      All Brick Duplex Near Park

      All brick duplex near Garvin Park with detached three-car garage.
      313 Maxwell Ave, Evansville, IN 47711
      View Details
    • $540,000
      Pending

      Renovated Mixed-Use Space on Main

      Renovated mixed-use space with exposed brick and versatile layout.
      327 Main St, Evansville, IN 47708
      View Details

    FAQs

    What type of property is this?
    Land - 1.21-acre Costco outlot, prime location.
    Where is this land located?
    The property is located at 1232 Cross Pointe Blvd Evansville, IN.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: $949,000 asking price for 1.21 acres.; 52,708 square foot lot zoned C-4 & C-2.; $773,239 per acre land value.
    (812) 573-3500
    Request Owner's contact information
    1232 Cross Pointe Blvd Evansville, IN 47715
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1232 Cross Pointe Blvd
    Evansville, IN 47715
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1232 Cross Pointe Blvd Evansville, IN 47715
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.