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Property profile & analytics
OFF-MARKET
Land

0 The Promenade Development Evansville, IN 47715

170 ac lot
Property ID
Property summary
AI-generated overview

The Promenade Development presents a unique 170-acre commercial land opportunity in Evansville, Indiana (zip code 47715), Vanderburgh County. This is the only planned, full-scale mixed-use lifestyle development in Southwest Indiana and the Tri-State area, offering a blend of residential, hospitality, shopping, and dining experiences. The development is designed to seamlessly integrate commercial functionality with recreational amenities, including lush landscaping, parks, water features, and a downtown streetscape atmosphere. This creates a sophisticated yet charming environment with ample suburban space. Available sites include Costco outlots and spaces for box stores and shopping centers, catering to a wide range of sizes and uses. The development prioritizes high quality, reflecting a live-work-play philosophy within a high-end mixed-use setting. This prime location offers businesses the chance to be part of a thriving, master-planned community, attracting both residents and visitors. The development's strategic design and comprehensive amenities position it for significant long-term growth and success. This is an exceptional opportunity to establish a presence in a rapidly developing area with strong potential for return on investment. Interested parties should contact the listing agent for further details and availability.

Property profile
Verified
Property type Land
Lot 170 ac (7,405,200 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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