57 Old Hwy Evansville, IN 47725
This exceptional ±30-acre agricultural property presents a unique investment opportunity in Vanderburgh County, Indiana. Located near Evansville, this expansive parcel boasts convenient access to Interstate 69, offering unparalleled visibility and high traffic counts. The I-69 traffic count is recorded at 31,228 vehicles daily, while Old Highway 57 sees 2,088 vehicles daily, providing significant exposure for potential development or continued agricultural use. The property is zoned AG, suitable for various agricultural applications. The land is comprised of approximately 1 to 30 acres, potentially allowing for subdivision, subject to local regulations. The APN is 82-02-25-009-123.013-030. It's important to note that sewer service is not available on the property. This location offers a blend of accessibility and rural tranquility, making it ideal for a variety of uses. The property's address is Old Hwy 57, Evansville, IN 47725. Detailed site surveys and due diligence are recommended to fully assess the property's potential.
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
Similar Nearby for Lease
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.