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    FOR SALE
    Golf courses & driving ranges

    7700 Henze Rd, Evansville, IN 47720

    35,000 SF 35 ac lot
    Property ID
    US31-0731002
    Property summary
    AI-generated overview

    This exceptional 35,000 square foot mixed-use property in Evansville, Indiana, presents a unique investment opportunity. Situated on 35 acres, this multi-building complex boasts seven structures, including a main house with a 30-foot ceiling height, expansive living areas, multiple bedrooms and bathrooms, and ample storage. Additional features include a guest house, garages accommodating 21 cars, a lake, and picturesque countryside views. The property also includes a show barn with stalls, a wash area, lounge, tack room, and a two-bedroom apartment. Multiple barns and pastures are also present. The main house alone offers 33,000 square feet, with an 11,000 square foot area adaptable for various uses, such as a museum, sports facility, or event space. Built in 1968 and 1990, the property is zoned for agricultural use, offering flexibility for future development. The asking price is $4,900,000, with a price per square foot of $140. This property is ideal for a corporate retreat, event center, or other commercial ventures. The property's size and amenities provide a multitude of possibilities for a discerning investor. The three-story buildings offer a substantial footprint for a variety of commercial uses. The property's location in Vanderburgh County, Indiana, offers easy access to Evansville and surrounding areas.

    Property profile
    Verified
    Property type Golf courses & driving ranges
    Total area 35,000 SF
    Lot 35 ac (1,524,600 SF)
    UPID US31-0731002
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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