For Sale
$4,832,533

Green River Rd Evansville, IN 47715

High-yield commercial land, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 0.5 to 17.57-acre commercial land parcel presents a lucrative investment opportunity in Evansville, Indiana. Located on Green River Rd, in the Galleria Subdivision, and zoned C-4, this property offers significant development potential. The asking price is $4,832,533, translating to a price per square foot of $132.76. The current net operating income (NOI) stands at $398,684, although the capitalization rate is currently 0.00%. The property is designated for single tenancy under a NNN lease agreement with a remaining term of 6.5 years. This prime location in Vanderburgh County, Indiana (zip code 47715), offers easy access to major transportation routes and is situated within a thriving commercial area. The expansive lot size allows for a variety of development options, making it ideal for businesses seeking a prominent presence in Evansville. Detailed zoning information is available upon request. This is a rare opportunity to acquire a significant commercial land holding in a high-growth market. The property's strong financial performance and strategic location make it an attractive investment for discerning buyers. Coordinates are 37.9967 latitude and -87.490343 longitude.

Highlights

  • $4,832,533 asking price for this Evansville, IN land parcel.
  • Free-standing land zoned C-4.
  • Single-tenant, NNN lease with 6.5 years remaining.
  • Lot size ranges from 0.5 to 17.57 acres.
  • $132.76 price per square foot.
  • Net Operating Income (NOI) of $398,684.

Property Details for 0 Green River Rd

Property type
Land, Freestanding property
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Evansville
County
Vanderburgh
State
Indiana
Latitude
37.9967
Longitude
-87.490343

FAQs

What type of property is this?
Land - High-yield commercial land, excellent location.
Where is the land located?
The property is located at Green River Rd Evansville, IN.
What is the asking price?
The asking price for this property is $4,832,533.
What are key features of this property?
This property features: $4,832,533 asking price for this Evansville, IN land parcel.; Free-standing land zoned C-4.; Single-tenant, NNN lease with 6.5 years remaining.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Green River Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message