0 Green River RdEvansville, IN 47715

For Sale
$4,832,533

High-yield commercial land, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
91
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
Individual retail properties, Other land
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Evansville
County
Vanderburgh
State
Indiana
Latitude
37.9967
Longitude
-87.490343
Green River Rd, Evansville, Indiana

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0 Green River Rd
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