0 The Promenade -Sec 7 - Evansville, IN 47715
This exceptional 1.82-acre commercial lot, located in Evansville, Indiana's premier mixed-use development, "The Promenade," presents a unique investment opportunity. Situated in Vanderburgh County, zip code 47715, this property boasts a C-4 & C-2 zoning designation, offering considerable flexibility for a wide range of commercial uses. The lot is part of a thriving, planned community that seamlessly blends residential, commercial, and recreational elements, creating a vibrant and desirable lifestyle destination. The Promenade is designed to provide a high-end, live-work-play environment, incorporating lush landscaping, parks, and water features to enhance its sophisticated style. This corner lot offers exceptional visibility and accessibility, making it ideal for businesses seeking a prominent location within a rapidly growing area. Alternative lot sizes and various commercial options, including Costco outlots and box/shopping center sites, are also available within this dynamic development. The asking price is $595,000, translating to $316,312 per acre, reflecting the exceptional quality and potential of this prime commercial land. The property's APN is TBD.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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