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- LoopNet Team
Orchard
Newburgh, IN 47630
Grocery-Anchored Retail Development · Land For Sale
·
0.50 AC
INVESTMENT HIGHLIGHTS
- Outparcel Retail Development Opportunity – Grocery-Anchored Shopping Center
- Close Proximity to Major National Brands – Huge Traffic Generator – Established Retail Corridor
- 21,998 SF (0.50 Acres) – Excellent Visibility & Access – Ideally Situated for QSR/Retail Use
- Adjacent to McDonald’s, Starbucks, CVS, Marathon Gas Outparcels – Main & Main Intersection
- 60,134 Combined Cars per Day – IN-66 & IN-261 – Ideal Net-Lease Development Site
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.50 AC |
| Property Subtype | Commercial |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.50 AC |
DESCRIPTION
We are pleased to present an opportunity to qualified investors and developers to purchase a 21,998 SF (.505 acre) land development site that is an outparcel to a grocery-anchored shopping center adjacent to McDonald’s, Starbucks, and CVS outparcels. This site is ideally located at the intersection of two major thoroughfares (State Roads 66 and 261) in Newburgh, Indiana a popular suburb of Evansville MSA and a quaint shopping town on the Ohio River. Additionally, the site benefits from other national chains nearby to the site including Walmart Supercenter, Wendy’s, Burger King, Zaxby’s, Sonic, Dunkin’ Donuts, AutoZone, Goodyear Tire, and Marathon Gas. This intersection is the true center of Newburgh with traffic counts exceeding 29,710 cars per day out front on IN-66 and 30,424 cars per day for a combined total of ¬¬¬60,134 cars per day.
PROPERTY TAXES
| Parcel Number | 87-12-23-313-004.000-019 | Improvements Assessment | $17,200 |
| Land Assessment | $213,800 | Total Assessment | $231,000 |
PROPERTY TAXES
