41 And Baseline Rd Evansville, IN 47725
This exceptional 2.72-acre commercial lot, identified as Lot 5 within the Baseline Park development (#1434), presents a unique investment opportunity in Evansville, Indiana. Located at the highly visible intersection of Hwy 41 North and Baseline Road, this property boasts an estimated 28,000 daily traffic count, ensuring maximum exposure for any commercial venture. The lot is zoned M-2, allowing for a variety of uses including retail, office, and industrial development. With a total area of 118,594 square feet, the asking price is $415,079, translating to $3.50 per square foot and $152,457 per acre. All utilities and streets are already in place, simplifying the development process. Its strategic location offers convenient access to I-64 and the Evansville Regional Airport, enhancing its appeal to a wide range of businesses. This property is part of a larger development with several lots available, ranging from 1.4 to 2.8 acres. Detailed covenants, restrictions, and plat maps are available upon request. This is an ideal location for businesses seeking high visibility and accessibility in a thriving commercial area. Don't miss this chance to secure a prime piece of Evansville real estate.
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.