Property profile

0 The Promenade Evansville, IN 47713

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

The Promenade Evansville, IN 47713
Evansville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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