Gateway Place Subdivision

Vacant Land for Sale
Also listed as Retail-Commercial, Industrial
Catylist Listing ID: 29678439
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 29.79 Acres
Sale Price: $16,378,560
Unit Price: $549,800 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Last Updated: 5/31/2023

Overview / Comments

This multifaceted acreage is the last remaining parcel of this size fronting the east bound lanes of the Lloyd Expressway (highway 66) and is 1/2 mile east of the I-69 corridor. Neighbors include Deaconess Gateway Campus, St. Vincent's Epworth Crossing Medical Center, the $95 million,135,000 SqFt St. Vincent's Orthopedic Hospital & the new HealthSouth Deaconess Rehabilitation Hospital. The Walmart Super Center and a host of other retail/dining and professional offices are to the east. As the aerial illustrates the acreage is well suited for a big box tenant with the out lots tailoring to strip centers, medical/professional offices, retail dining and entertainment. Recently completed on the south/east corner of the development is the new 99,000 sqft Heritage Woods of Newburgh senior living facility with 120 private one bedroom and studio apartments that is going to be part of the Wellness Trail in Newburgh. Currently under construction in the development is a Fast Break Marathon convenience store and gas station.

Attachments & Media


Finance Data Year 2022
Real Estate Taxes - Annual($) $2,736 (Annual)

Additional Details

Nearest MSA: Evansville
County: Warrick
Taxing Authority: Warrick County
Tax ID/APN: 87-12-29-200-115.000-019, 87-12-29-200-022.000-019, 87-12-29-200-114.000-019
Zoning: C-4
Market Type: Medium
Property Located Between: Epworth Road & Grimm Road
Side of Street: South
Road Type: Highway
Property Visibility: Excellent
Legal Description: PT NE NE S29 T6 R9 31.861 A PER SURVEY PT NE NE S29 T6 R9 1 A PT NE NE S29 T6 R9 .97 A
Largest Nearby Street: Lloyd Expressway
Feet of Frontage: 1,278
Traffic/Vehicle Count: 43,319
Highway Access: I-69, Lloyd Expressway & Highway 41
Airports: Evansville Regional Airport
Lot Frontage: 1,278
Lot Depth: 1,303
Zoning Description: C-4 commercial
Part of Planned Development?: Yes
Development Name: Gateway Place Subdivision
Topography: Level
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,283 46,741 92,809
Median Age: 39.94 39.5 39.08
Households: 1,968 19,833 39,211


Photograph of Listing Agent

Mark Miller

ERA First Advantage Realty, Inc.
ICREX Member
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