Property profile

12330 Hwy 41st N Evansville, IN 47725

OFF-MARKET
Commercial land
Property ID
US31-0812661
1.28 ac lot
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.28-acre commercial outlot presents a rare opportunity for development along US Highway 41 North in Evansville, Indiana. Located at 12330 Hwy 41 N, this property boasts a highly desirable C-4 zoning designation, opening doors to a wide range of commercial uses. Its strategic location offers unparalleled visibility and accessibility, situated on a signaled corner at the intersection of Highway 41 and Boonville-New Harmony Road, ensuring high traffic volume and excellent exposure for any business. The lot is shovel-ready, eliminating lengthy site preparation delays and allowing for immediate construction. This significantly reduces time to market and minimizes upfront costs for developers. The seller is offering build-to-suit options, providing flexibility and collaboration throughout the development process. This unique opportunity combines a prime location, desirable zoning, and a streamlined development process, making it an ideal investment for businesses seeking high visibility and convenient access in a thriving Evansville market. The property is situated in Vanderburgh County, Indiana, with a zip code of 47711. The asking price for this exceptional commercial land is $425,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.28 ac (55,757 SF)
Zoning code 4
APN 82-04-17-009-283.006-030
UPID US31-0812661

Cap rate & NOI

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

Location

12330 Hwy 41st N Evansville, IN 47725-7018
Evansville metro Census 10702 EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2007
Price N/A

Zoning & alternative use

4 · Evansville, IN

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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