1501 Burkhardt Rd - Sec 7 - Evansville, IN 47715
- Commercial land
- 2,052 SF
- 84.64 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1501 Burkhardt Rd - Sec 7 -
- Year built
- 1926
- Construction
- WOOD FRAME
- Lot size
- 84.64 lot acres
- Property size
- 2,052 SF
- Property type
- Commercial land
- APN
- 82-07-19-017-168.001-027
- APU
- 820719017168001027
Description
This exceptional 1.17-acre commercial lot, located at 1501 N. Burkhardt Road, Section 7, Lot 11 in Evansville, Indiana, presents a unique investment opportunity within The Promenade, a premier mixed-use development in Vanderburgh County. Zoned C-2, this 50,965 square foot parcel offers significant potential for retail development, boasting a prime location along Vogel Road. The asking price is $535,200, translating to $10.50 per square foot. The Promenade is a vibrant, planned community combining residential, hospitality, shopping, and dining experiences, creating a high-end "live-work-play" environment. This development features lush landscaping, parks, and water features, enhancing its sophisticated style and appeal. The site's strategic location within this rapidly growing area ensures high visibility and accessibility, making it ideal for a variety of retail uses. Alternative lot sizes and box/shopping center sites are also available within The Promenade, providing flexibility for various development plans. The property's APN is TBD. This is a rare opportunity to secure a prominent location in one of Southwest Indiana's most sought-after mixed-use developments.
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
- -87.4654
- Latitude
- 37.9867
- CBSA code
- 21780
- CBSA name
- EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA