0 Grn Riv Rd & Theater Dr Evansville, IN 47715
This exceptional 8.64-acre parcel, located in Evansville, Indiana, presents a unique investment opportunity. Situated at the intersection of N Green River Rd and Theater Dr, this C-4 zoned land offers unparalleled flexibility for a variety of commercial uses, including retail, restaurant, and service-oriented businesses. The property boasts frontage on Galleria Dr., Smythe Rd, and Theater Dr., providing excellent visibility and accessibility. Priced at $1,787,702 ($4.76/SF), this land offers significant potential for development. All utilities are readily available, and the site benefits from its proximity to Eastland Mall, a major retail center in the area. The property's location along a heavily developed stretch of N. Green River Rd ensures high traffic volume and strong consumer presence. Adjacent acreage is also available for expansion. This is an ideal location for businesses seeking high visibility and convenient access to a thriving retail corridor. The site layout offers flexibility, allowing for customized development to meet specific business needs. The property's APN is 82-06-13-017-158.001-027. This is a rare opportunity to acquire a substantial land parcel in a prime Evansville location. The property is available for sale, lease, or build-to-suit options.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.