Property profile

15400 Us-41 Evansville, IN 47725

OFF-MARKET
Land
22.15 ac lot
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Property summary

AI-generated overview

This exceptional 22.15-acre industrial land parcel presents a compelling investment opportunity in Evansville, Indiana. Located at 15400 US-41, this property boasts convenient access to major transportation arteries, including air (Evansville Regional Airport, within 4 miles), interstate highways, rail lines, and river access. The site is zoned M-2, allowing for a variety of industrial uses, and is considered "shovel-ready," meaning all utilities are readily available, minimizing development delays and costs. The asking price is $775,000, translating to an attractive price per acre of $35,000. The property's APN is 82-04-05-009-060.026-030; 82-04-05-009-060.027-030. Situated in Vanderburgh County, Indiana, with a zip code of 47725, this location offers excellent potential for businesses seeking efficient logistics and a strategic position within the Evansville metropolitan area. The property's readily available infrastructure and prime location make it an ideal site for various industrial projects. This is a rare opportunity to acquire a significant tract of developable land in a thriving industrial corridor.

Property profile

Verified
Property type Land
Lot 22.15 ac (964,854 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15400 Us-41 Evansville, IN 47725
Evansville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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