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    20100 Us-41 Evansville, IN 47725

    Sponsored
    For Sale
    $2,208,000

    46 Acres, Prime Location, $2.2M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 46-acre land parcel presents a significant development opportunity in Evansville, Indiana. Located at 20100 US-41, Vanderburgh County, the property boasts unparalleled visibility and accessibility at the intersection of US Highway 41 and Interstate 64. Zoned M-2, this expansive site is ideally suited for a variety of commercial and industrial uses, including but not limited to manufacturing, warehousing, distribution centers, or other large-scale ventures. Its strategic location on Evansville's northwest side offers easy access to a major transportation artery and is conveniently situated just 15 minutes from the Toyota manufacturing plant in Princeton, Indiana. The property's size and prime location make it an attractive investment for developers seeking to capitalize on Evansville's robust and growing economy. The APN is 82-02-20-009-012.006-030. The asking price for this remarkable development opportunity is $2,208,000. This is a rare chance to acquire a substantial tract of land in a thriving area with excellent infrastructure and proximity to key transportation routes and major employers. The property's potential for significant return on investment is undeniable, making it an attractive proposition for discerning investors and developers.

    Property Features for 20100 Us-41

    General Information

    Property type
    Land
    Lot Size
    2,003,760 SF

    HighLights

    • 46‑acre development site in Evansville, IN.
    • High‑visibility location at US‑41 and I‑64 intersection.
    • M‑2 zoning allows for commercial/industrial uses (manufacturing, warehousing, distribution).
    • 15 minutes from Toyota plant in Princeton, IN.
    • Asking price: $2,208,000.
    • APN: 82‑02‑20‑009‑012.006‑030.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5514080402
    Latitude
    38.160372213308

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    FAQs

    What type of property is this?
    Land - 46 Acres, Prime Location, $2.2M
    Where is this land located?
    The property is located at 20100 Us-41 Evansville, IN.
    What is the asking price?
    The asking price for this property is $2,208,000.
    What are key features of this property?
    This property features: 46-acre development site in Evansville, IN.; High-visibility location at US-41 and I-64 intersection.; M-2 zoning allows for commercial/industrial uses (manufacturing, warehousing, distribution).
    Request Owner's contact information
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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
    20100 Us-41 Evansville, IN 47725
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