0 The Promenade - Sec 4, Evansville, IN 47713
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.
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
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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.