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Property profile & analytics
OFF-MARKET
Land

0 The Promenade -Sec 7 - Evansville, IN 47715

1.82 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.82 ac (79,279 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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