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1521 N Garvin St
Evansville, IN 47711
1521 Garvin Street · Land For Sale · 16.04 AC

Investment Highlights

  • M-3 industrial zoning supports a range of industrial uses.
  • Direct access from North Garvin Street, East Tennessee Street, and North Evans Avenue.
  • Current tenant income provides in-place revenue.
  • Corner location with frontage on North Garvin Street and East Tennessee Street.
  • Existing lay down yard configuration is already in operation.
  • City water and sewer service are available to the site.

Executive Summary

1521 N Garvin Street presents an opportunity to acquire a 16.042-acre industrial land asset currently operating as a lay down yard in Evansville, Indiana. Zoned M-3 and served by city water and sewer, the property is positioned at the northeast corner of North Garvin Street and East Tennessee Street with additional frontage and access from North Evans Avenue. The site's industrial zoning, multiple points of ingress and egress, and existing outdoor storage use support a variety of industrial, contractor, fleet, equipment storage, and logistics-related applications.
The property is situated within Evansville's established industrial corridor, providing connectivity to local manufacturing, distribution, and transportation infrastructure. Survey documentation indicates direct physical access from North Garvin Street, East Tennessee Street, and North Evans Avenue. The site includes existing income from multiple occupants, including CenterPoint Energy and month-to-month users, providing in-place revenue while allowing future ownership flexibility.
An ALTA survey completed in 2022 identifies approximately 698,802 square feet of land area and notes the property is located outside a Special Flood Hazard Area according to the referenced FEMA mapping. Existing gravel storage areas, yard functionality, and industrial surroundings contribute to the property's continued utility for outdoor operations and equipment storage. The combination of industrial zoning, established access, existing occupancy, and a central Evansville location positions the property for owner-users, investors, or businesses seeking operational yard capacity.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Contractor Storage Yard
  • Warehouse
Total Lot Size 16.04 AC
No. Stories 2
Zoning M-3

1 Lot Available

Lot

Price $1,106,048 CAD
Price Per AC $68,955.60 CAD
Lot Size 16.04 AC

16.042-acre M-3 industrial site currently used as a lay down yard with city utilities, multiple access points, existing rental income, and frontage on North Garvin Street, East Tennessee Street, and North Evans Avenue.

Description

16.042 Acres. $50,000 / Acre.

Property Taxes

Property Taxes

Parcel Number
82-06-20-025-079.002-029
Land Assessment
$375,669 CAD
Improvements Assessment
$0 CAD
Total Assessment
$375,669 CAD
  • Listing ID: 39017008

  • Date on Market: 2026-01-08

  • Last Updated:

  • Address: 1521 N Garvin St, Evansville, IN 47711

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