Catylist Listing ID: 2136437
Property Subtypes: Multi-Family, Office, Retail, Other
Gross Land Area: 31 Acres
Sale Price: $50,000 Per Acre
Total Price: $1,550,000
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2017

Overview / Comments

31 +/- acres at Boonville New Harmony Road. 2.5 miles north of Evansville Regional Airport, 1 mile south of Vanderburgh Industrial Park, 1 mile west of Interstate I-164 via Boonville New Harmony Road. Property is divisible, all utilities are on site. Hard corner stoplight intersection. Over 5,000 new residential lots are platted within a 5 mile radius, insuring robust growth for many years. New Elementary School under construction nearby fueling continued rooftop growth. Zoned C-4. Multi-family, condos, etc. on back acreage possible. 100 year cell tower lease excluded. Price negotiable depending on acreage desired. Listing agent has an ownership interest in this property.

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-04-14-009-079.004-030
Zoning: C-4
Property Visibility: Excellent
In Flood Plain?: Yes
Topography: Level

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,379 15,054 45,114
Median Age: 32.53 37.72 40.06
Households: 914 5,558 17,129
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