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Property profile & analytics
OFF-MARKET
Land

0 Riverwind Pointe Dr Evansville, IN 47715

0.41 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land opportunity in Evansville, Indiana, presents a strategic investment in a rapidly developing area. Located in the Riverwind Pointe Subdivision, this property boasts convenient access to the new I-69 bridge, the first exit east of the bridge connecting Kentucky and Indiana. Construction on the bridge is anticipated to begin in 2024, with completion projected for 2026, ensuring significant future growth and increased visibility for businesses situated here. The available land parcels range from 0.41 to 9.3 acres, offering flexibility for various development projects. Individual lots are available for purchase, or the entire subdivision can be acquired. Prices range from $85,890 to $1,900,000, depending on the lot size. An existing office building, priced at $2.6 million, is also available for purchase. This building is ideally suited for use as corporate headquarters, classrooms, or medical facilities. The property is zoned C-4 and features readily available utilities, including electricity, gas, water, sewer, internet, and cable connections. The combined purchase of the office building and all available land is priced at $3.6 million. This presents a unique opportunity to capitalize on the significant growth potential of this prime location along the new I-69 corridor. Don't miss this chance to secure a piece of Evansville's thriving commercial landscape.

Property profile
Verified
Property type Land
Lot 0.41 ac (17,860 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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