Property profile

4631 Violet Dr Evansville, IN 47725

OFF-MARKET
Land
0.2 ac lot
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Property summary

AI-generated overview

This exceptional 0.2-acre commercial lot, located at 4631 Violet Drive in Evansville, Indiana (Vanderburgh County, zip code 47725), presents a unique investment opportunity. Priced at $57,500, this property boasts a land value of $169 per square foot. Situated within Green River Meadows, a new all-brick subdivision, this lot offers convenient access to key areas. Its prime location on Green River Road, between Millersburg and Kansas Roads, provides easy access to the east side of Evansville, Toyota Manufacturing (to the north), and the Goebel Soccer and Deaconess Sports Complex. Lot 5 is situated five lots from the subdivision entrance, featuring 80 feet of frontage and a desirable north-facing building site. The property's APN is 82-04-26-002-926.005-019. Builders are welcome, subject to architectural approval from the developer. This is an ideal opportunity for those seeking to build in a thriving, well-located community. Don't miss this chance to secure this exceptional commercial lot.

Property profile

Verified
Property type Land
Lot 0.2 ac (8,712 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4631 Violet Dr Evansville, IN 47725
Evansville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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