825 Royal AveEvansville, IN 47715

  • Commercial land
  • 0.71 AC
For Sale
$49,950 View listing

Property Details for 825 Royal Ave

Lot size
0.71 AC
Property type
Commercial land
APN
82-06-24-016-129.012-027
APU
820624016129012027

Description

This exceptional 0.71-acre commercial land parcel, identified as Lot 23 in Vogel Commercial Park II, presents a compelling investment opportunity in Evansville, Indiana. Located at 825 N Royal Ave, 47715, this property boasts a highly desirable C-4 zoning classification, opening doors to a wide range of commercial ventures. The lot's strategic location within a thriving retail and commercial area on Evansville's East Side ensures high visibility and accessibility. The proximity to the VA clinic further enhances its appeal. All utilities are readily available, simplifying development plans. Priced at $49,950, this parcel offers significant potential for various uses, including, but not limited to, an apartment complex. The APN is 82-06-24-016-129.012-027. This is an exceptional chance to acquire a well-situated commercial lot in a rapidly growing area of Evansville. Don't miss this opportunity to capitalize on the vibrant commercial landscape of Evansville's East Side. The property is conveniently located in Vanderburgh County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
37.9843
Longitude
-87.4816
CBSA code
21780
CBSA name
EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$44
$1,400
-
$1,400
-
$1,400
-
$1,400

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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 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 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].
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