Great Fast Food Franchise Location

Vacant Land for Sale
Catylist Listing ID: 30279322
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Self Storage, Other
Gross Land Area: 2.60 Acres
Sale Price: $139,900
Unit Price: $53,807 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2018

Overview / Comments

Location, Location, Location !!! This 2.6 acre tract has approximately 400' of frontage on Highway 61 East and would make a great fast food restaurant site. It is located in the heart of the franchise food district and is shovel ready. As the aerial illustrates a few close neighbors include: McDonalds, Subway, Dairy Queen, Taco Bell, Long John Silvers and Pizza Hut. This offering consists of two parcels with a combined total of 2.6 acres as shown in the plot plan. A potential end user could sell the remaining parcel if the total land size is larger than the required area. All utilities are available and the property is partially fenced.

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Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $1,138 (Annual)

Additional Details

Nearest MSA: Evansville
County: Warrick
Taxing Authority: Warrick County
Tax ID/APN: 87-09-26-308-067.000-003 & 87-09-26-308-068.000-003
Zoning: R
Market Type: Medium
Property Located Between: South Pine and South Vine Street
Side of Street: South
Road Type: Paved
Property Visibility: Excellent
Legal Description: PT N 1/2 BLK 11 PT LOT 67 McCulla Part & S 1/2 Block 11 Lot 68 McCulla Partition (150' x 400')
Largest Nearby Street: Hwy 62
Feet of Frontage: 400
Highway Access: Fronts Highway 61 East
Lot Frontage: 400
Lot Depth: 350
Topography: Gently Sloping
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,915 9,693 17,571
Median Age: 38.28 41.63 41.07
Households: 1,991 3,834 6,697

Contact

Photograph of Listing Agent

Mark J. Miller

ERA Commercial
CPIX Member
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