Property summary
This exceptional 1.36-acre commercial lot, located in Evansville, Indiana's premier mixed-use development, The Promenade, presents a unique investment opportunity. Zoned C-4 & C-2, this 59,242 square foot parcel offers flexibility for various retail uses. Situated along Vogel Road, it benefits from high visibility and accessibility within a thriving, planned community that seamlessly blends residential, commercial, and recreational amenities. The Promenade is Southwest Indiana's only full-scale lifestyle development, boasting a high-end design incorporating parks, water features, and a vibrant streetscape. This lot is priced at $662,100, or $11.18 per square foot, representing a land value of $621,527 per acre. The development offers a range of available site sizes and caters to various commercial needs, including box stores and shopping centers. This is a chance to be part of a dynamic, high-quality, live-work-play environment, attracting a substantial customer base. The property's location within The Promenade ensures strong potential for return on investment. The site is ideally positioned to capitalize on the significant growth and development within the area. Broker co-op is available.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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