5017 Theater Dr Evansville, IN 47715
This 0.482-acre parcel, located at 5017 Theater Dr., Evansville, IN 47715 (APN 82-06-13-016-124.007-027), is available for sale. Priced at $131,262 ($6.25/SF), this C-4 zoned lot offers 21,002 square feet of development potential. Situated in the Galleria Subdivision, this property is well-suited for retail, restaurant, or service-related businesses. The location benefits from proximity to major retail areas, including Eastland Mall, located just south of the site. This northern Green River Road location has seen significant retail development over the years. The site offers flexibility in layout and all utilities are available. This presents a unique opportunity to establish a business in a thriving commercial area. The property is easily accessible and benefits from high visibility due to its location within a well-established commercial zone. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.