0 Green River RdEvansville, IN 47715

Property Details for 0 Green River Rd

Lot size

0.50 AC

Property type

Land

Property subtype

Freestanding property

Description

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.

Location Insight

City

Evansville

County

Vanderburgh

State

Indiana

Latitude

37.9967

Longitude

-87.4903

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