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 $95 million,135,000 SqFt St. Vincent's Orthopedic Hospital & the new HealthSouth Deaconess Rehabilitation Hospital. The Walmart Super Center and a host of other retail/dining and professional offices are to the east. As the aerial illustrates the acreage is well suited for a big box tenant with the out lots tailoring to strip centers, medical/professional offices, retail dining and entertainment. Recently completed on the south/east corner of the development is the new 99,000 sqft Heritage Woods of Newburgh senior living facility with 120 private one bedroom and studio apartments that is going to be part of the Wellness Trail in Newburgh. Currently under construction in the development is a Fast Break Marathon convenience store and gas station.
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Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$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 |
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 |
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The information presented herein is provided as is, without warranty of any kind.
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