Catylist ID:
#30807829
Development Acreage - Epworth Road Corridor / #1550
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: | 30807829 |
| Property Subtypes: | Hospitality, Multi-Family, Office, Retail, Other |
| Status: | Pending |
| Gross Land Area: | 72 Acres |
| Sale Price: | $125,000 Per Acre |
| Total Price: | $9,000,000 |
| Land Splits Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 12/4/2023 |
Overview / Comments
|
* Adjacent to Ascension-St. Vincent/Tri-State Orthopedic Hospital * Located in the Deaconess Gateway medical area (Warrick Wellness Trail) exploiting tremendous growth - Epworth Road and Warrick Wellness Trail is the areas premier medical corridor * Strategically located along the I-69/SR 66 exit ramp, showcased as Evansville’s gateway intersection * Utilities available * Possible incentives available through Warrick County, IN |
Attachments & Media
Additional Details
| Nearest MSA: | Evansville |
| County: | Warrick |
| Taxing Authority: | Warrick County |
| Tax ID/APN: | 87-12-20-200-006.000-019; 87-12-20-200-003.000-019 |
| Zoning: | C-4 |
| Property Located Between: | Oak Grove Road & Warrick Trail/Stahl Road |
| Property Visibility: | Excellent |
| Largest Nearby Street: | SR 66 |
| Feet of Frontage: | 2,575 |
| Highway Access: | SR 66; I-69 |
| Airports: | Evansville Regional Airport |
| Site Description: | There are 2 parcels. The largest parcel is ± 72 acres and is located along the southeast corner of Epworth Road/Oak Grove Road. The other parcel contains ± 18 acres and is located along the west side of Epworth Road. |
| Area Description: | This area is the fastest growing area in the Evansville MSA. The area is becoming a large medical corridor due to the presence of Deaconess Gateway Hospital and Ascension-St. Vincent's various practices, which are creating many supplemental hospitality, office, retail and multi-family developments. |
| Lot Frontage: | 2575 |
| Lot Depth: | 1250 |
| In Flood Plain?: | Yes |
| Topography: | Level |
| Easements: | Utilities |
| Easements Description: | Seller is currently negotiating a water line easement with the local water utility company along the south side of the property east of Epworth Road. |
| 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 | 46,454 | 96,385 |
| Median Age: | 28.67 | 39.6 | 39.12 |
| Households: | 588 | 19,995 | 40,713 |
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