Lloyd Expressway Grimm Road Acreage

10233 IN-66 Newburgh, Newburgh, Indiana 47630

  • Property Subtypes Hospitality , Industrial , Multi-Family , Retail , Retail-Pad , Self Storage
  • Sale Price $150,000.00 - $435,600.00 Per Acre
  • Class of Space N/A
  • Total Land Size 38.75 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 12/4/2019
  • Days on Market 464 Days
  • Status active

Overview / Comments

This multifaceted acreage is the last remaining parcel of this size fronting the east bound lanes of the Lloyd. Expressway (highway 66) and is 1/2 mile from the new I-69 corridor. Deaconess Gateway Campus and the recently completed St. Mary's Epworth Crossing Medical Center and new coming $95 Million,135,000 SqFt addition of St. Mary’s Orthopedic Hospital is located just to the North and the Walmart Super Center is East. As the aerial illustrates the frontage acreage is well suited for a big box tenant with the out lots tailoring to strip centers, medical/professional offices, retail dining and entertainment. The adjoining acreage to the south would lend itself to residential, condominiums, or multi-family with a host of other possibilities as well.

Financials

  • Finance Data Year 2019
  • Real Estate Taxes - Annual($) 2,913.12

Additional Details

  • Tax ID/APN 87-12-29-200-115.000-019,87-12-29-200-114.000-019,87-12-29-207-001.000-019
  • Zoning C-4
  • Property Visibility Excellent
  • Development Name Grimm Road & Lloyd Expressway
  • Zoning Description C-4 commercial

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