Catylist Listing ID: 2136437
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 31 Acres
Sale Price: $50,000 Per Acre
Total Price: $1,550,000
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/18/2021

Overview / Comments

• NWC of Hwy 57 North at Boonville-New Harmony Road
• 31+/- Acres in the fastest growing part of Vanderburgh County
• 2 1/2 Miles North of Evansville Regional Airport
• 1 Mile South of Vanderburgh Industrial Park
• 1 Mile West of Interstate I-69 via Boonville New Harmony Rd
• Boonville New Harmony Road widening project to Petersburg Road is finally underway (ROW acquisition ongoing)
• Property is Divisible
• Hard corner would be excellent for a C-Store Gas Station
• All Utilities are on Site with gravity sewer wrapping three sides
• Hard corner stoplight intersection
• Over 5,000 new residential lots have been platted within a 5 mile radius of this site, insuring robust growth for years
• New McCutchanville Elementary School just completed in 2019 nearby fueling even more rooftop growth
• Zoned C-4 with UDC
• Multi-family, condos, etc. on back acreage possible
• 100 Year Cell Tower Lease Excluded
• Price is negotiable depending on acreage desired – Call LA or $50,000/acre for entire tract

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-04-14-009-079.004-030
Zoning: C-4
Property Visibility: Excellent
In Flood Plain?: Yes
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,379 15,054 45,114
Median Age: 32.53 37.72 40.06
Households: 914 5,558 17,129

Contact

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