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    8950 High Pointe Dr Newburgh, IN 47630

    Sponsored
    For Sale
    $850,000

    High-traffic location, build-to-suit options

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional commercial land offering presents a unique investment opportunity in the affluent Newburgh, Indiana suburb, situated within the Evansville MSA. The property, encompassing 2 to 5.12 acres, is ideally located at 8950 High Pointe Dr, Newburgh, IN 47630, and boasts high visibility along State Road 66, experiencing over 40,000 vehicles daily. The site benefits from a strong shadow anchor presence, including Walmart, Deaconess Hospital, and a future Meijer, ensuring substantial foot traffic and consumer draw. This prime location is already home to a diverse range of established businesses such as McAlister's Deli, a proposed Culver's, Burger King, Penn Station, and Popeye's, creating a vibrant and thriving commercial environment. The property is available for sale, ground lease, or build-to-suit arrangements, providing flexibility to suit various development plans. This presents a rare chance to establish a presence in a high-growth area with exceptional accessibility and strong surrounding businesses. The asking price is $850,000.

    Property Features for 8950 High Pointe Dr

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • Land available for sale, ground lease, or build‑to‑suit in high‑income Newburgh, Evansville MSA.
    • 2‑5.12 acre parcel available.
    • Shadow‑anchored by Walmart, Deaconess Hospital, and a future Meijer.
    • Strong tenant mix including McAlister's Deli, a proposed Culver's, Burger King, Penn Station, and Popeye's.
    • High traffic location with over 40,000 cars per day on State Road 66.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Warrick
    State
    Indiana
    Longitude
    -87.413021
    Latitude
    37.978693

    Nearby Comparable

    • Contact for pricing

      Land Available in Newburgh, Indiana

      Land parcels available for sale, ground lease, or build-to-suit.
      8950 High Pointe Dr, Newburgh, IN 47630
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      Newburgh Commercial Land - 1.91 Acres

      Prime Commercial Land, High Traffic Area, Newburgh, IN
      8200 High Pointe Dr, Newburgh, IN 47630
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      Newburgh Land for Sale

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      Newburgh Land Parcels For Sale

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      8180 High Pointe Dr, Newburgh, IN 47630
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      Newburgh Land for Sale

      Land available in high-traffic shopping and restaurant area.
      8160 High Pointe Dr, Newburgh, IN 47630
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      Starbucks Investment Opportunity

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    FAQs

    What type of property is this?
    Land - High-traffic location, build-to-suit options
    Where is this land located?
    The property is located at 8950 High Pointe Dr Newburgh, IN.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Land available for sale, ground lease, or build-to-suit in high-income Newburgh, Evansville MSA.; 2-5.12 acre parcel available.; Shadow-anchored by Walmart, Deaconess Hospital, and a future Meijer.
    Request Owner's contact information
    8950 High Pointe Dr Newburgh, IN 47630
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    Newburgh, IN 47630
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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
    8950 High Pointe Dr Newburgh, IN 47630
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