Sharon Road & Hwy 66 Acreage

Vacant Land for Sale
Catylist Listing ID: 29844145
Property Subtypes: Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 3.07 Acres
Sale Price: $289,900
Unit Price: $94,429 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/22/2017

Overview / Comments

Wonderful Corner Opportunity in a Highly Visible Location with traffic light !!! Three Parcel package which totals 3.07 acres, with frontage along State Road 66 and Sharon Road in Newburgh, Indiana. Potential Commercial Uses: Multi-Family, Convenience Store/Gas Station, Fast Food, Small Business / Warehouse. Parcel has not been filled. Home, garage, storage tank and septic have been removed and environmental clean-up documentation has been completed. Clean acreage. Vacant land with gas, electric and water at the street. State Road 66 is now a 4-lane road.

Attachments & Media

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $298.66 (Annual)

Additional Details

Nearest MSA: Evansville
County: Warrick
Taxing Authority: Warrick County
Tax ID/APN: 87-12-36-300-045.000-019, 87-12-36-300-159.000-019, 87-12-36-300-044.000-019
Zoning: RESIDENTIAL
Market Type: Medium
Property Located Between: Highway 66 and Sharon Road
Side of Street: Southeast
Road Type: Highway
Property Visibility: Excellent
Legal Description: PT N 1/2 SW S36 T6 R9.18A, PT N 1/2 SW S36 T6 R9.95A, PT NW SW S 36 T6 R9 1.94A (REST TO ST ROW) (EXC COAL) ERROR IN DEED.
Largest Nearby Street: Highway 66
Feet of Frontage: 436
Traffic/Vehicle Count: 9,437
Highway Access: Highway 66, Lloyd Expressway and I-69
Airports: Evansville Regional Airport
Site Description: Large corner lot with a traffic light.
Area Description: Mixed use commercial.
Lot Frontage: 394
Lot Depth: 285
Topography: Gently Sloping
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,589 22,532 44,007
Median Age: 34.68 38.11 39.34
Households: 2,697 8,501 16,971

Contact

Photograph of Listing Agent

Mark J. Miller

President, ERA Commercial
ICREX Member
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