Property Listing No Longer Available for Sale

11001 Petersburg Rd, Evansville, IN

Land for Sale - $350,000 - 15.23 acres


Property Info

CIMLS#893336
Location
  11001 Petersburg Rd
  Evansville IN 47725
UpdatedMay 17th, 2016
TypeLand
Price$350,000
Land15.23 acres

Property Description

This 15.23 AC was originally slated to be a future phase of Hawthorne Estates, an upscale residential development nestled in the rolling countryside of Northeast Vanderburgh County. The developer of the first phase has moved on to other projects and did not renew an option to purchase this land from the family that has owned it for generations. Most of the offsite prep work has been done including extending water and sanitary sewers, as well as constructing the access lane from Seib Road. This would be a great opportunity for a home builder wanting an manageable inventory of building lots, or for an investor looking to make a profit selling off individually to builders. The remaining lots in Hawthorne list at $39,500 and $46,500 leaving plenty of room for a lower price point in this market.

Location Description:

Located in Northern Vanderburgh County

Highlights:

>> High growth area of Vanderburgh County

>> Much of the development work has already been completed

>> Close to east side shopping

>> Minutes from I-69 interchange

>> North School District with new elementary school coming in 2017

>> Walking distance from Eagle Valley Golf Course

>> Nearby parks, ball fields, and soccer fields

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Financials

Sales Info:

>> Commision split: 3.5%


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