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Promenade Mixed-Use Development Land
For Sale
$512,300

The Promenade Development, Evansville, IN

215-acre mixed-use development land in Evansville, Indiana.

Property Size170 SF
Price / SF$3,013
Days on Market274

Property Features for The Promenade Development

General Information

Standard status Active
Size 170 SF
Property subtype Land
Listing Agency: SVN | The Martin Group Indianapolis
Listed By: Chris Stuard · License #IN #RB14048888
Source: Svn
Added: Nov 21, 2025 Changed: Aug 19 Last Checked: Aug 21 at 4:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | The Martin Group Indianapolis

Investment Insights

Based on property information with market context.

The Promenade is a 215-acre mixed-use development located in Evansville, Indiana's eastside commercial district, near N. Burkhardt Road and I-69. This development is designed as a hub for commercial and leisure activities for Evansville and the surrounding 28 counties within a 75-mile radius. It is planned as a full-scale lifestyle development, combining quality living conveniences, residential accommodations, hospitality options, and shopping and dining experiences. The development incorporates recreational venues and aesthetic elements such as landscaping, parks, water features, and a downtown streetscape atmosphere. The commercial functionality of the development will be enhanced by these features, creating a sophisticated style with hometown charm and suburban space. Costco outlots, box, and shopping center sites are available within the development. It is intended as a live-work-play, high-end mixed-use development with a range of sizes and uses available.

Key Highlights

  • Only planned mixed‑use, full‑scale lifestyle development in Southwest Indiana and the Tri‑State region.
  • Located in Evansville, Indiana's flourishing eastside commercial district along N. Burkhardt Road and I‑69.
  • Designed to be the hub of commercial and leisure activity for Evansville and the surrounding 28 counties within a 75‑mile radius.

Property Analytics

Current Use

Land

Location Intelligence

Trade Area within ½ mile

2,059
Businesses Nearby

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Land - 215-acre mixed-use development land in Evansville, Indiana.
Where is this land located?
The property is located at The Promenade Development Evansville, IN.
What is the asking price?
The asking price for this property is $512,300.
What are key features of this property?
This property features: Only planned mixed‑use, full‑scale lifestyle development in Southwest Indiana and the Tri‑State region.; Located in Evansville, Indiana's flourishing eastside commercial district along N. Burkhardt Road and I‑69.; Designed to be the hub of commercial and leisure activity for Evansville and the surrounding 28 counties within a 75‑mile radius.
More about this property
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