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    Lynch Rd Evansville, IN 47715

    For Sale
    $717,000

    7.17 Acres, Evansville, IN - $717,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7.17-acre parcel presents a unique investment opportunity in Evansville, Indiana. Strategically located at the intersection of Lynch Road and North Burkhardt Road, this property boasts high visibility and accessibility. The land is zoned for a variety of uses, including residential (R-1) and commercial (C-4), offering considerable flexibility for development. With a sale price of $100,000 per acre, this represents a compelling value proposition. The property's location benefits from significant traffic volume, with Lynch Road seeing 14,350 cars daily near its intersection with Interstate 69. The surrounding area demonstrates strong population density, with 4,475 residents within one mile, 24,429 within three miles, and 82,381 within five miles. The property's APN is 82-06-12-017-177.024-027. This versatile land is available immediately and presents a rare chance to acquire a substantial tract in a thriving area of Evansville, Vanderburgh County, Indiana, 47715. The property is suitable for a range of development projects, capitalizing on its prime location and diverse zoning. This is an ideal opportunity for developers, investors, or businesses seeking a strategic location with high visibility and strong population density. The property's size and zoning flexibility make it suitable for a variety of uses, from residential to commercial development.

    Property Features for 0 Lynch Rd

    General Information

    Property type
    Farms
    Lot Size
    312,325 SF

    HighLights

    • 7.17‑acre parcel in Evansville, IN, at Lynch Rd & North Burkhardt Rd intersection.
    • High visibility and accessibility, zoned R‑1 & C‑4.
    • $100,000 per acre sale price.
    • High traffic volume (14,350 cars daily on Lynch Rd near I‑69).
    • Strong population density (4,475 residents within 1 mile, 24,429 within 3 miles, 82,381 within 5 miles).
    • APN: 82‑06‑12‑017‑177.024‑027.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.473673598646
    Latitude
    38.013996303122

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    FAQs

    What type of property is this?
    Farm - 7.17 Acres, Evansville, IN - $717,000
    Where is this farm located?
    The property is located at Lynch Rd Evansville, IN.
    What is the asking price?
    The asking price for this property is $717,000.
    What are key features of this property?
    This property features: 7.17-acre parcel in Evansville, IN, at Lynch Rd & North Burkhardt Rd intersection.; High visibility and accessibility, zoned R-1 & C-4.; $100,000 per acre sale price.
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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
    Lynch Rd Evansville, IN 47715
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