41 And Baseline Rd Evansville, IN 47725
This exceptional 2.71-acre commercial lot, identified as APN 07-091-09-262-004, presents a compelling investment opportunity in Evansville, Indiana. Located at the high-traffic intersection of Hwy 41 North and Baseline Road, this property boasts a total of 118,184 square feet and is zoned M-2. The asking price is $413,644, translating to $3.50 per square foot and $152,462 per acre. All utilities and streets are already in place, simplifying development. This strategic location benefits from an estimated 28,000 daily vehicles passing by, providing excellent visibility and accessibility. Its proximity to I-64 and the Evansville Regional Airport further enhances its appeal. The 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 site for a variety of commercial uses, offering significant potential for growth and return on investment in a thriving Evansville location. The property's address is Hwy 41 North and Baseline Road, Evansville, IN 47725.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.