5017 Theater Dr, Evansville, IN 47715
This exceptional 0.482-acre commercial land parcel, located at 5017 Theater Drive in Evansville, Indiana, is offered for sale at $131,262. The property, part of the Galleria Subdivision within Theater Drive Commercial Park Section 3, Lot 10, encompasses 21,002 square feet and is zoned C-4, allowing for a variety of commercial uses. Ideal for retail, restaurant, or service-related businesses, this property offers significant potential for development. All utilities are readily available, simplifying the setup process for new businesses. The asking price is $6.25 per square foot. The property's APN is 82-06-13-016-124.007-027. This is a for-sale-by-owner listing. While every effort has been made to ensure accuracy, potential buyers are advised to conduct their own due diligence. Information provided is believed to be reliable but is not guaranteed. This includes, but is not limited to, the accuracy of square footage, lot size, zoning, and utilities. The seller is not responsible for any errors or omissions.
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
Similar Nearby for Lease
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.