For Sale
$5,100,000

10488 Oak Grove Rd Newburgh, IN 47630

Prime Commercial Land, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 33.85-acre property, situated at the northeast corner of Epworth Road and Oak Grove Road in Newburgh, Indiana, presents a remarkable investment opportunity. Located at the gateway between Evansville and Newburgh, this land boasts unparalleled visibility and accessibility, with close proximity to major medical facilities, including Deaconess and St. Vincent's Hospitals, serving a population of 500,000. Its strategic location near I-69 and the East side of Evansville offers convenient access to key transportation routes. Currently zoned Agricultural, the property holds significant potential for commercial rezoning, especially considering the adjacent land's pending development for a large sports-related project. The level, farmable land has been cultivated for generations, ensuring a clean slate for development. A smaller 3.59-acre parcel on the southwest corner is also available for separate purchase. The area is further enhanced by the presence of major retailers like Costco, Sam's Club, and Walmart within a 2-mile radius. This property offers excellent ingress/egress from multiple points, maximizing its potential. The asking price is $5,100,000, and potential incentives may be available through Warrick County, Indiana. The APN is 82-04-33-002-873.001-019. This is a rare opportunity to acquire a significant land parcel in a rapidly growing area with high visibility and strong potential for development.

Highlights

  • $5,100,000 asking price for 33.85 acres of commercial land.
  • Located at the northeast corner of Epworth Road and Oak Grove Road in Newburgh, IN, near Evansville and major medical facilities.
  • Currently zoned agricultural, with potential for commercial rezoning.
  • Adjacent to a planned large sports-related development.
  • Level, farmable land, with a 3.59-acre portion potentially sold separately.
  • Excellent visibility and access, near I-69 and major retailers.

Property Details for 10488 Oak Grove Rd

Property type
Land

Location Insight

City
Newburgh
County
Warrick
State
Indiana
Latitude
37.991292371118
Longitude
-87.440870603861
10488 Oak Grove Rd, Newburgh, Indiana

FAQs

What type of property is this?
Land - Prime Commercial Land, High Visibility
Where is the land located?
The property is located at 10488 Oak Grove Rd Newburgh, IN.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: $5,100,000 asking price for 33.85 acres of commercial land.; Located at the northeast corner of Epworth Road and Oak Grove Road in Newburgh, IN, near Evansville and major medical facilities.; Currently zoned agricultural, with potential for commercial rezoning.
How can I contact the broker?
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10488 Oak Grove Rd
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