4900 Theater Dr Evansville, IN 47715
This exceptional 0.77-acre parcel, located at 4900 Theater Dr, Evansville, Indiana, presents a unique investment opportunity. Designated by APN 82-06-13-013-219.003-027, this property is zoned C-4, making it ideally suited for a variety of commercial uses. The asking price is $302,062, translating to a land value of $392,288 per acre. This prime location offers excellent visibility and accessibility, making it perfect for retail establishments, restaurants, or service-oriented businesses. All utilities are readily available, simplifying development and operational costs. The property's agricultural and commercial subtype designation provides flexibility for potential future uses. Situated in Vanderburgh County, Indiana, with a zip code of 47715, this land parcel is conveniently located in Evansville, offering easy access to major transportation routes and a thriving local market. The property's size and zoning make it an attractive prospect for developers and entrepreneurs seeking a strategic location for their commercial ventures. Don't miss this chance to acquire a highly desirable commercial land parcel in a rapidly growing area.
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.
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.