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    Of Vogel Rd Evansville, IN 47715

    For Sale
    $799,000

    Prime Evansville commercial land, C-4 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 10.25-acre commercial land parcel is ideally situated south of Vogel Road in Evansville, Indiana, zip code 47715. The property boasts a C-4 zoning designation, offering a wide range of development possibilities for medical, professional, office, or retail users. Its strategic location between Green River Road and Burkhardt Road places it within the fastest-growing commercial development area of Evansville. The proximity to major retailers and amenities is a significant advantage. Less than two miles away are prominent establishments such as Deaconess Gateway Hospital, Lowe's, Home Depot, Walmart, Eastland Mall, and Showplace Cinemas. Furthermore, the ongoing development at the Promenade on Burkhardt Road and the soon-to-open Cosco approximately one mile east will significantly increase traffic flow in the area. This presents a unique opportunity to capitalize on the substantial growth and high visibility of this location. The property offers excellent ingress/egress from Vogel Road. Note that an adjacent 11.92-acre lot is also available for purchase. This presents a rare opportunity to acquire a significant land holding in a thriving commercial corridor. The asking price for this 10.25-acre parcel is $799,000.

    Property Features for 0 Of Vogel Rd

    General Information

    Property type
    Land
    Lot Size
    446,490 SF

    HighLights

    • 10.25‑acre parcel available, adjacent 11.92‑acre lot also for sale.
    • Located on Vogel Road, between Green River and Burkhardt Roads.
    • Prime location in Evansville's fastest‑growing commercial area.
    • New Cosco store opening soon, approximately one mile east, increasing traffic flow.
    • Significant traffic increase anticipated due to new development.
    • Ideal for medical, professional, office, or retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.497555
    Latitude
    37.987664

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    FAQs

    What type of property is this?
    Land - Prime Evansville commercial land, C-4 zoning.
    Where is this land located?
    The property is located at Of Vogel Rd Evansville, IN.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 10.25-acre parcel available, adjacent 11.92-acre lot also for sale.; Located on Vogel Road, between Green River and Burkhardt Roads.; Prime location in Evansville's fastest-growing commercial area.
    Request Owner's contact information
    Of Vogel Rd Evansville, IN 47715
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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.

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    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
    Of Vogel Rd Evansville, IN 47715
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