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    12330 Highway 41 Evansville, IN 47711

    For Sale
    $425,000

    1.28-acre commercial outlot, Hwy 41 N, Evansville.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 1.28-acre commercial outlot presents a rare opportunity for development along US Highway 41 North in Evansville, Indiana. Located at 12330 Hwy 41 N, this property boasts a highly desirable C-4 zoning designation, opening doors to a wide range of commercial uses. Its strategic location offers unparalleled visibility and accessibility, situated on a signaled corner at the intersection of Highway 41 and Boonville-New Harmony Road, ensuring high traffic volume and excellent exposure for any business. The lot is shovel-ready, eliminating lengthy site preparation delays and allowing for immediate construction. This significantly reduces time to market and minimizes upfront costs for developers. The seller is offering build-to-suit options, providing flexibility and collaboration throughout the development process. This unique opportunity combines a prime location, desirable zoning, and a streamlined development process, making it an ideal investment for businesses seeking high visibility and convenient access in a thriving Evansville market. The property is situated in Vanderburgh County, Indiana, with a zip code of 47711. The asking price for this exceptional commercial land is $425,000.

    Property Features for 12330 Highway 41

    General Information

    Property type
    Land
    Lot Size
    55,757 SF

    HighLights

    • 1.28‑acre commercial outlot available for development on US Highway 41 North in Evansville, IN.
    • C‑4 zoning allows for diverse commercial uses.
    • High‑traffic corner lot at Hwy 41 and Boonville‑New Harmony Road offers excellent visibility and accessibility.
    • Shovel‑ready site minimizes development time and costs.
    • Build‑to‑suit options available.
    • Asking price: $425,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store 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
    -87.5393202
    Latitude
    38.0145236

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    FAQs

    What type of property is this?
    Land - 1.28-acre commercial outlot, Hwy 41 N, Evansville.
    Where is this land located?
    The property is located at 12330 Highway 41 Evansville, IN.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 1.28-acre commercial outlot available for development on US Highway 41 North in Evansville, IN.; C-4 zoning allows for diverse commercial uses.; High-traffic corner lot at Hwy 41 and Boonville-New Harmony Road offers excellent visibility and accessibility.
    Request Owner's contact information
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    Evansville, IN 47711
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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
    12330 Highway 41 Evansville, IN 47711
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