11715 Green River Rd Evansville, IN 47725
- Commercial real estate
- 8.37 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 11715 Green River Rd
- Lot size
- 8.37 lot acres
- Property type
- Commercial real estate
- APN
- 82-04-13-009-076.013-030
Description
This exceptional 8.37-acre commercial and industrial land parcel, located at 11715 N Green River Rd, Evansville, IN 47725 (APN: 82-04-13-009-076.013-030), presents a significant investment opportunity. The property is zoned C-4 and offers excellent visibility and accessibility. The land is currently subdivided into four lots, with Lot 4 already sold. Lot 1 (1.40 acres, $750,000) sits at a signalized intersection of Boonville New Harmony Rd and N Green River Rd, just two minutes from Interstate 69, and boasts approved curb cuts for convenient access. Lot 2 (0.91 acres, $350,000) includes a 2,956 sq ft residence, a two-car garage, and a barn, offering potential rental income. Lot 3 (6.06 acres, $150,000) is also available. An easement through Lot 2 will be required for Lots 1 and 3. Preliminary subdivision approval is in place, and a survey is available. Note that the property is located within a floodplain. This rapidly developing area of Evansville/Vanderburgh County shows significant growth, with numerous residential subdivisions under construction or approved nearby, adding to the property's value. Recent infrastructure improvements, including a $20M+ road widening project, enhance accessibility. The area also benefits from the proximity of new retail developments, including Dollar General stores, Casey's Pizza, and a new fitness center. This property offers substantial potential for commercial development in a high-growth location. The asking price for the entire 8.37-acre parcel is $1,250,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.48846
- Latitude
- 38.08473
