0 The Promenade, Evansville, IN 47713
This exceptional 88,074 square foot commercial land parcel presents a unique investment opportunity in Evansville, Indiana's thriving Promenade development. Located in Vanderburgh County, zip code 47713, this property boasts a C-4 and C-2 zoning designation, offering considerable flexibility for a variety of commercial uses. The asking price is $897,500, translating to $446,609 per acre. Situated within The Promenade, a premier mixed-use development, this lot benefits from its strategic location within a planned community designed to seamlessly integrate residential, commercial, and recreational elements. The Promenade is the only full-scale lifestyle development of its kind in Southwest Indiana and the Tri-State area, offering a vibrant and dynamic environment. This location provides access to a wide range of amenities and a strong customer base, making it an ideal site for businesses seeking high visibility and convenient access. The development features a thoughtfully planned layout incorporating parks, water features, and a downtown streetscape atmosphere, creating a sophisticated yet charming environment. Opportunities exist for various commercial ventures, including box stores, shopping centers, and other retail establishments. The high-quality construction and design of The Promenade ensure a premium setting for any business. This lot offers a rare chance to establish a presence in a rapidly growing and highly desirable area. Don't miss this chance to be part of Evansville's premier mixed-use development.
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.
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.