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    The Promenade - Sec 4 Evansville, IN 47713

    • Land
    For Sale
    View listing
    $1,035,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 The Promenade - Sec 4

    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5544
    Latitude
    37.9584

    Comparable in this City

    • Value Estimation by Request

      The Promenade

      Land
      0 The Promenade, Evansville, IN 47713
      View Details
    • Value Estimation by Request
      1.36 Acres

      The Promenade Sec 7

      Land • 59,242 SF
      0 The Promenade Sec 7, Evansville, IN 47713
      View Details
    • Value Estimation by Request
      1.31 Acres

      The Promenade - Section 4

      Land • 1.31 Acres
      0 The Promenade - Section 4, Evansville, IN 47713
      View Details
    • Value Estimation by Request
      2.50 Acres

      The Promenade - Sec 4

      Land • 2.50 Acres
      0 The Promenade - Sec 4, Evansville, IN 47713
      View Details
    • Value Estimation by Request

      The Promenade

      Land
      0 The Promenade, Evansville, IN 47713
      View Details
    • Value Estimation by Request
      0.08 Acres

      906 8th St

      VACANT COMMERCIAL LAND • 0.08 Acres
      906 8th St, Evansville, IN 47713-1531
      View Details

    Similar Nearby for Sale

    • $662,100
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      Evansville Retail Land Investment

      Prime 1.36-acre commercial lot
      0 The Promenade Sec 7, Evansville, IN 47713
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    • $1,027,000
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      Evansville Commercial Land - $1M

      Prime Evansville commercial lot, Costco visibility.
      0 The Promenade - Section 4, Evansville, IN 47713
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    • $958,000

      Prime Evansville Commercial Land

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      0 The Promenade, Evansville, IN 47713
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    • $897,500

      Prime Evansville Commercial Land

      88,074 SF C-4 & C-2 zoned lot
      0 The Promenade, Evansville, IN 47713
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    • $1,035,000

      Prime Evansville Commercial Land

      High-visibility Costco outlot, 1.32 acres
      0 The Promenade - Sec 4, Evansville, IN 47713
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    • $1,040,000
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      Prime Evansville Commercial Land

      Costco Outlot, 2.5 Acres, C-4 & C-2 Zoning
      0 The Promenade - Sec 4, Evansville, IN 47713
      View Details

    Similar Nearby for Lease

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    The Promenade - Sec 4
    Evansville, IN 47713
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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