Indiana St Evansville, IN 47712
- Land
- 0.25 lot acres
Current Use by Public Records
- Land
Property Details for 0 Indiana St
- Lot size
- 0.25 lot acres
- Property type
- Land
Description
This exceptional offering presents two highly desirable commercial land parcels situated on Evansville's vibrant west side. These non-contiguous lots boast unparalleled visibility and accessibility, directly across from Mead Johnson Nutrition on the Lloyd Expressway, a major thoroughfare with over 48,000 vehicles per day. Lot #1 encompasses approximately one acre, priced at $295,000 ($6.77 per square foot), measuring approximately 300 feet by 140 feet. Lot #2 offers approximately 0.25 acres, priced at $108,900 ($10.00 per square foot), with dimensions of approximately 74 feet by 140 feet. Both lots are currently zoned R-2, however, the seller is willing to cooperate with any necessary petitions for commercial zoning, providing flexibility for a wide range of development opportunities. Convenient access is provided via St. Joseph and Franklin Avenues, placing the property in close proximity to historic West Franklin Street. Furthermore, a future Lloyd Expressway access ramp is planned directly in front of the property, ensuring continued high visibility and accessibility for years to come. This presents a rare opportunity to acquire prime commercial land in a high-traffic area with significant growth potential. The location offers excellent exposure and is ideal for businesses seeking high visibility and convenient access to major transportation routes.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.6029
- Latitude
- 37.9789
