0 Riverwind Pointe Dr Evansville, IN 47715
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.
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
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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.