3644 & 3672 Libbert Road - Newburgh, IN / #1552

Vacant Land for Sale
Catylist Listing ID: 30817727
Property Subtypes: Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 8 Acres
Sale Price: $598,000
Unit Price: $74,750 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2023

Overview / Comments

* 2 contiguous 4-acre parcels, totaling 8 acres. One parcel has a residential dwelling located on it with septic on the property. The other parcel is vacant with no sewer. Electric, gas and water utilities on site.

* Located in a newly developed and growing area of Newburgh, IN.

* Neighboring the Warrick Trail area; adjacent to new apartment development and just north of new McAlister's Deli

* Shadows Walmart Supercenter

* Opportunity to land bank and potentially compile adjacent lots for development

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $995.64 (Annual)

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 87-12-22-300-065.000-019; 87-12-22-300-067.000-019
Zoning: R1-A
Property Located Between: High Pointe Drive/Warrick Trail & Vann Road
Property Visibility: Excellent
Largest Nearby Street: High Pointe Drive/Warrick Trail
Feet of Frontage: 230
Highway Access: SR 66; I-69
Airports: Evansville Regional Airport
Lot Frontage: 230
Lot Depth: 1315
In Flood Plain?: Yes
Topography: Level
Available Utilities: Electric, Water, Gas
Water Service: Municipal
Sewer Type: Septic, None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,285 39,792 75,191
Median Age: 42.52 39.18 39.41
Households: 1,247 15,459 31,256

Contact

Photograph of Listing Agent

Chris Jackson, CCIM, SIOR

Woodward Commercial Realty, Inc. ICREX Member
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