Vincennes IN 3.75 Acres Bierhaus Blvd Vincennes, IN 47591
This exceptional 3.75-acre parcel, situated on Bierhaus Boulevard in Vincennes, Indiana (zip code 47591), presents a unique investment opportunity. Currently zoned RA, the property offers versatile usage potential, encompassing agricultural, commercial, and residential development. Its strategic location within Knox County provides easy access to major roadways and is ideally positioned near established businesses, including Kohl's Department Store and the Hampton Inn. The land is being carved from a larger tract, offering a clean slate for development. City utilities are readily available, simplifying infrastructure integration for any project. The surrounding area is experiencing significant growth, making this a highly attractive prospect for developers seeking to capitalize on the expanding commercial sector in Vincennes. The property's size and location make it suitable for a variety of uses, from commercial buildings to residential subdivisions, or even a mixed-use development. The asking price is $495,000. The APN is being finalized as the property is separated from a larger parcel. This is a rare opportunity to acquire a substantial land holding in a thriving Indiana community.
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
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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.