Property profile

41 And Baseline Rd Evansville, IN 47725

OFF-MARKET
Retail properties & Spaces
61,141 SF 1.4 ac lot
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Property summary

AI-generated overview

This exceptional 1.4-acre commercial lot, identified as APN 07-091-09-262-011, presents a unique investment opportunity in Evansville, Indiana. Located at the high-traffic intersection of Highway 41 North and Baseline Road, this property boasts an estimated 28,000 daily vehicle count, ensuring high visibility and accessibility for any business. The lot is zoned M-2, offering flexibility for a variety of retail or industrial uses. With a total area of 61,141 square feet, the land is priced at $183,423, or $130,680 per acre. All utilities and streets are already in place, simplifying development and reducing upfront costs. The strategic location provides convenient access to I-64 and the Evansville Regional Airport, further enhancing its appeal. This is one of five available lots ranging from 1.4 to 2.8 acres, offering potential for expansion or multi-tenant development. Detailed covenants, restrictions, and plat maps are available upon request. Don't miss this chance to secure a prime commercial property in a thriving Evansville location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 61,141 SF
Lot 1.4 ac (60,984 SF)

Cap rate & NOI

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

Location

41 And Baseline Rd Evansville, IN 47725
Evansville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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