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    The Promenade Evansville, IN 47713

    • Land
    For Sale
    View listing
    $958,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 The Promenade

    Property type
    Land

    Description

    This exceptional 57,148 square foot commercial lot is situated within The Promenade, a premier mixed-use development in Evansville, Indiana. Located in Vanderburgh County, zip code 47713, this property offers a unique opportunity to establish a business within a thriving, planned community. The land is zoned C-4 & C-2, allowing for a wide range of commercial uses. The asking price is $958,000, translating to $729,646 per acre. The Promenade is the only full-scale, mixed-use lifestyle development in Southwest Indiana and the Tri-State area, combining residential, hospitality, shopping, and dining options. This strategic location benefits from the development's integrated design, incorporating recreational amenities such as parks, water features, and a sophisticated streetscape. The development's high-end, live-work-play environment ensures a high-quality setting for any commercial venture. Various sizes and uses are available within The Promenade, making this lot ideal for businesses seeking a prominent location in a rapidly growing community. This is a rare opportunity to be part of a dynamic and successful mixed-use development. Contact us today to learn more about this exceptional commercial land opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5544
    Latitude
    37.9584

    Comparable in this City

    • Value Estimation by Request
      1.36 Acres

      The Promenade Sec 7

      Land • 59,242 SF
      0 The Promenade Sec 7, Evansville, IN 47713
      View Details
    • Value Estimation by Request

      The Promenade - Sec 4

      Land
      0 The Promenade - Sec 4, Evansville, IN 47713
      View Details
    • Value Estimation by Request
      2.50 Acres

      The Promenade - Sec 4

      Land • 2.50 Acres
      0 The Promenade - Sec 4, Evansville, IN 47713
      View Details
    • Value Estimation by Request
      1.31 Acres

      The Promenade - Section 4

      Land • 1.31 Acres
      0 The Promenade - Section 4, Evansville, IN 47713
      View Details
    • Value Estimation by Request

      The Promenade

      Land
      0 The Promenade, Evansville, IN 47713
      View Details
    • Value Estimation by Request
      0.08 Acres

      906 8th St

      VACANT COMMERCIAL LAND • 0.08 Acres
      906 8th St, Evansville, IN 47713-1531
      View Details

    Similar Nearby for Sale

    • $958,000

      Prime Evansville Commercial Land

      57,148 SF C-4 & C-2 zoned lot
      0 The Promenade, Evansville, IN 47713
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    • $897,500

      Prime Evansville Commercial Land

      88,074 SF C-4 & C-2 zoned lot
      0 The Promenade, Evansville, IN 47713
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    • $1,035,000

      Prime Evansville Commercial Land

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      0 The Promenade - Sec 4, Evansville, IN 47713
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    • $1,027,000
      1.31 Acres

      Evansville Commercial Land - $1M

      Prime Evansville commercial lot, Costco visibility.
      0 The Promenade - Section 4, Evansville, IN 47713
      View Details
    • $662,100
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      Evansville Retail Land Investment

      Prime 1.36-acre commercial lot
      0 The Promenade Sec 7, Evansville, IN 47713
      View Details
    • $1,040,000
      2.50 Acres

      Prime Evansville Commercial Land

      Costco Outlot, 2.5 Acres, C-4 & C-2 Zoning
      0 The Promenade - Sec 4, Evansville, IN 47713
      View Details

    Similar Nearby for Lease

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    The Promenade
    Evansville, IN 47713
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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