4100 Green River Rd Evansville, IN 47715
This exceptional 0.87-acre commercial lot, located at 4100 N Green River Rd in Evansville, Indiana (zip code 47715), presents a unique investment opportunity. Currently featuring a single-family dwelling, the property is ideally suited for redevelopment as retail or office space. Its prime location across from Healthy Way and Lynch Road ensures high visibility and accessibility. The property is undergoing rezoning to either C-2 or C-3, offering significant flexibility for future development. The existing home can be demolished to maximize the land's potential. This location boasts excellent proximity to key amenities, including the Deaconess Clinic and Evansville Day School, further enhancing its appeal. The ample space allows for convenient parking or the addition of further structures. The asking price for this strategically positioned property is $320,000. This is a rare chance to acquire a high-traffic commercial lot in a rapidly developing area of Evansville. The property's potential is undeniable, making it an attractive investment for discerning buyers.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.