10.81 AC along I-69 Ready for Development
Vacant Land
for Sale
Catylist Listing ID: |
30786277 |
Property Subtypes: |
Hospitality, Multi-Family, Office, Retail, Self Storage
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Gross Land Area: |
10.81 Acres
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Sale Price: |
$950,000 |
Unit Price: |
$87,881 Per Acre |
Land Splits Available: |
Yes |
Sale Terms: |
Cash to Seller |
Last Updated: |
5/16/2022 |
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.
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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 |
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 |
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