4631 Violet Dr Evansville, IN 47725
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.