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Property profile & analytics
FOR LEASE
Outlet malls

49 N Green River Rd Evansville, IN 47715

74,720 SF 14.08 ac lot Built 1974
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US31-0832143
49 N Green River Rd, Evansville, IN 47715 For Lease
$6,245,000 30,000 SF available
49 N Green River Rd, Evansville, IN 47715
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Property summary
AI-generated overview

This exceptional 0.6-acre commercial land parcel presents a unique build-to-suit opportunity. Boasting 106 feet of frontage on Green River Road, this property offers unparalleled visibility and accessibility. The site is zoned C-4, allowing for a wide range of commercial development options. With ample parking available and situated near the Lloyd Expressway, this location benefits from an average annual daily traffic count of 29,867 vehicles, ensuring high exposure for your business. The property's location in Vanderburgh County, identified by APN 82-06-24-017-159.006-027, provides convenient access to major transportation routes and a thriving local market. The price will be determined based on the final construction costs, making this a flexible and attractive investment for developers seeking a prime location to build their ideal commercial space. This single-tenant land parcel is ready for your vision, offering a blank canvas to create a thriving commercial enterprise. The lot size is precisely 0.6 acres, providing a manageable yet substantial footprint for your project. Don't miss this chance to secure a highly visible and strategically located commercial property in a dynamic area.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1974
Construction TYPE NOT SPECIFIED
Total area 74,720 SF
Lot 14.08 ac (613,412 SF)
APN 82-06-24-017-159.006-027
UPID US31-0832143
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sky Zone Trampoline Park Arcade & Gaming Center Family Recreation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.71M
Blend (final) Blend
$6.25M
Owner & transaction history
Green River Plaza LLC · 7 yrs held
Green River Plaza LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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