The Promenade - Sec 4 Evansville, IN 47713
- Land
- 2.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 The Promenade - Sec 4
- Lot size
- 2.50 lot acres
- Property type
- Land
Description
This exceptional 2.5-acre commercial land parcel, located in Evansville, Indiana (zip code 47713), presents a unique investment opportunity within The Promenade, a premier mixed-use development in Southwest Indiana. Situated at a highly visible, lighted corner, this lot is ideally suited for a Costco outlot or similar high-profile commercial venture. The property boasts C-4 and C-2 zoning, allowing for a wide range of commercial uses. The Promenade itself is a meticulously planned development combining residential, hospitality, shopping, and dining options, creating a vibrant and thriving community. This location benefits from the high traffic volume associated with the Costco and other established businesses within the development. The site offers significant potential for substantial returns due to its prime location and the overall quality of the surrounding development, which includes recreational amenities such as parks, water features, and a thoughtfully designed streetscape. The asking price is $1,040,000, representing a price per acre of $435,679. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly growing area. The property is part of a larger development that emphasizes a live-work-play lifestyle, attracting a significant and affluent demographic. This makes it an ideal location for businesses seeking high visibility and access to a strong consumer base. Don't miss this chance to secure a prominent position in one of the region's most exciting mixed-use developments.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh,
- State
- Indiana
- Longitude
- -87.5544
- Latitude
- 37.9584