910 Royal AveEvansville, IN 47715

Property Details for 910 Royal Ave

Lot size

0.71 AC

Property type

Commercial land

APN

82-06-24-015-162.008-027

APU

820624015162008027

Description

This exceptional 0.71-acre commercial and residential land parcel, located at 910 N Royal Ave in Evansville, Indiana (APN 82-06-24-015-162.008-027), presents a unique investment opportunity. Zoned C-4, it offers significant potential for a variety of uses. The asking price is $49,950. Situated in a thriving retail and commercial area on Evansville's East Side, this property benefits from its strategic location near a VA clinic, ensuring high visibility and accessibility. All utilities are readily available, simplifying development plans. The substantial lot size provides ample space for a diverse range of projects, including the possibility of an apartment complex, given the dual commercial and residential zoning. This property is an excellent choice for investors seeking a prime location with high development potential in a rapidly growing area of Evansville, Indiana, and its 47715 zip code. The property's convenient location and versatile zoning make it an attractive option for both commercial and residential development. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $10,518,400

  Retail / Commercial

  $5,488,910

  Mixed-Use / Specialty

  $5,544,310

  Hospitality / Lodging

  $4,165,300

  Office

  $5,589,470

  Institutional / Educational

  $5,790,650

  Residential Income

  $6,775,060

  Multifamily

  $7,709,980

  Automotive / Energy

  $4,963,410

  Parking / Income-Based Land

  $1,638,740

  Restaurant / Food Service

  $3,043,660

  Healthcare / Senior Housing

  $5,608,700

Location Insight

City

Evansville

County

Vanderburgh

State

Indiana

Latitude

37.9851

Longitude

-87.4828

CBSA code

21780

CBSA name

EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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