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 |
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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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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