Property profile

0 The Promenade - Section 4 Evansville, IN 47713

OFF-MARKET
Land
1.31 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1.31 ac (57,064 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

The Promenade - Section 4 Evansville, IN 47713
Evansville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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