10.81 AC along I-69 Ready for Development

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30786277
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Self Storage
Status: Pending
Gross Land Area: 10.81 Acres
Sale Price: $950,000
Unit Price: $87,881 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Last Updated: 11/17/2022

Overview / Comments

10.81 AC of zoned C-4 land with all utilities available at the NE corner of I-69 and US Hwy 66 just inside Warrick County. This property is close to the Deaconess Gateway Hospital and St Vincent Epworth Crossing. Located on Stahl Road, which becomes Warrick Trail east of Epworth Road, this parcel is part of the Warrick Trail TIFF district allowing financial incentives for developers of medical or related projects.

This area has been a hotbed of development activity. In addition to the constant expansions at the Deaconess campus and the completion of the St Vincent Epworth Crossing building. Additional specialty hospitals have been completed including Digestive Care, Dermatology, Oncology, Hematology, and Rehabilitation. Recent non-medical development in this area includes condominiums, apartments, and a Marriott flagged hotel.

In 2021, officials for Warrick County announced plans for a $45M sports complex located on Warrick Trail developed through a public-private partnership. In January 2022 the Southwestern region of Indiana was awarded funds through a grant that closes the public funding capital stack for this project, and groundbreaking is expected in late 2022 with construction to be completed in 12-14 months.

Attachments & Media

Additional Details

Nearest MSA: Evansville
County: Warrick
Tax ID/APN: 87-12-20-306-001.000-019
Zoning: C-4
Property Visibility: Excellent
Legal Description: Lot 1 Eli Place Subdivision
Largest Nearby Street: I-69/US Hwy 66
Traffic/Vehicle Count: 43,596
Highway Access: Access to US Hwy 66 via signal at Epworth Rd
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,047 45,793 104,566
Median Age: 28.67 39.86 38.44
Households: 588 20,302 43,704

Contact

Photograph of Listing Agent

Scott Edmond CCIM

SVN | The Martin Group ICREX Member
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