2500 North 1St Ave Evansville, IN 47710
For Sale
This 1.33-acre commercial land parcel presents a rare investment opportunity. Situated on a hard corner outparcel of a busy Walmart Neighborhood Market in Evansville, Indiana, this property boasts exceptional visibility and accessibility. The location is high-density, with over 60,000 people residing within a three-mile radius. The high-traffic intersection of First and West Diamond Avenues sees over 40,000 vehicles per day, further enhancing its commercial potential. A signalized entry ensures convenient access for customers and employees. The property's strategic location places it near numerous national restaurants and retailers, including Long John Silver's, Popeye's, Wendy's, McDonald's, Dollar Tree, Save A Lot, and Target, creating a vibrant and established commercial environment. The property is zoned for commercial use (verification required) and offers significant development potential for a variety of businesses seeking high visibility and convenient access to a large customer base. The address is 2500 N First Ave, Evansville, IN 47710, in Vanderburgh County. This exceptional location and high traffic count make this a prime opportunity for investors and developers seeking a strong return on investment.
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EcoATM Electronics Vending Machine Atm
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Walmart Pharmacy Pharmacy
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Walmart Neighborhood Market Grocery & Convenience Store Food Market
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MoneyGram Money Transfer in Walmart Bank Credit Union
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Walmart Home Theater Installation Electrical Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.