0 The Promenade - Section 4, Evansville, IN 47713
This exceptional 1.31-acre commercial land parcel, located at The Promenade - Section 4 Lot 10 in Evansville, Indiana (47713), presents a unique investment opportunity. Priced at $1,027,000 ($784,582/acre), this property boasts a highly desirable location at a lighted corner immediately in front of Range USA, providing unparalleled visibility and accessibility. The site is zoned C-4 & C-2, allowing for a wide range of commercial uses. The Promenade is a premier, planned mixed-use development in Southwest Indiana and the Tri-State area, combining residential, hospitality, shopping, and dining options in a vibrant, live-work-play environment. This development features high-quality construction, lush landscaping, parks, water features, and a sophisticated streetscape design. The property's strategic location within this thriving community ensures high traffic volume and significant exposure to a diverse customer base. This is an exceptional opportunity to establish a presence in one of Evansville's most sought-after commercial locations. The site is part of a larger development that includes Costco and other high-profile businesses, offering significant synergy and potential for increased profitability. Don't miss this chance to secure a prime commercial lot in a rapidly growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.