14.28 Acres for Sale in Gibson Co

Vacant Land for Sale
Catylist Listing ID: 30833359
Property Subtypes: Hospitality, Other
Gross Land Area: 14.28 Acres
Sale Price: $4,100,000
Unit Price: $287,114 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2023

Overview / Comments

Excellent location off of a major highway in Princeton, IN. This highly visible property is being advertised as land for sale although there is a hotel on the property. The property shall be subdivided. $2,300,000 for the 5 -/+ acres near the clover leaf at US Highway 41. $1,800,000 for the 9 -/+ acres near the rear of the
property. The traffic count is 12,506 AADT at US Highway 41 and 13,638 AADT on Broadway St.

Additional Details

Nearest MSA: Evansville
County: Gibson
Tax ID/APN: 26-11-11-204-000.736-028
Zoning: OS
Property Located Between: US Highway 41 & Broadway St
Property Visibility: Excellent
Largest Nearby Street: US Highway 41
Traffic/Vehicle Count: 12,506

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,130 10,751 13,316
Median Age: 37.46 38.48 39.69
Households: 1,298 4,370 5,388
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