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    Land

    0 The Promenade - Sec 4, Evansville, IN 47713

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    Property summary
    AI-generated overview

    This exceptional 1.32-acre commercial lot, located in Evansville, Indiana's premier mixed-use development, The Promenade, presents a unique investment opportunity. Situated at a highly visible corner with excellent access and exposure, this property is directly adjacent to a new Range USA and benefits from the significant traffic generated by the nearby Costco. Zoned C-4 & C-2, it offers flexibility for a variety of commercial uses. The lot size is 57,857 square feet, priced at $1,035,000, or $785,265 per acre. The Promenade is a thriving, master-planned community combining residential, retail, and recreational elements, creating a vibrant live-work-play environment. This development boasts high-quality construction and design, lush landscaping, and attractive streetscapes, ensuring a sophisticated yet welcoming atmosphere. The strategic location within this rapidly growing area offers exceptional potential for long-term growth and return on investment. Don't miss this chance to secure a prime commercial parcel in one of Evansville's most sought-after developments.

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    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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