41 And Baseline Rd Evansville, IN 47725
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.
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.