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66 State St

Newburgh IN 47630

760993 sq. ft.
Land
Currently for sale - view listing

Overview

Rare development opportunity offering approximately 17.47 acres along State Road 66 in Newburgh with excellent visibility, public utilities available and two separate access points. The property provides approximately 500 feet of frontage at one access and an additional 668 feet at the second, creating flexibility for site planning, traffic flow or phased development. Current zoning reportedly includes approximately 3 acres of C-3 Highway Commercial, 8.5 acres of R-2A Two-Family Residential and 5.91 acres of R-3 Resort. Potential uses may include highway-oriented retail, office, restaurant, hospitality and service businesses; single-family, duplex or condominium development; and certain recreation or hospitality-related uses. R-3 uses require special-use approval. The property consists of two individual parcels that are being offered and must be purchased together. Following closing, the parcels may be separately conveyed; however, any further division or subdivision of either parcel would be subject to applicable county requirements and approval. Buyers should independently verify zoning boundaries, permitted uses, utilities and all development or subdivision requirements with the Warrick County Area Plan Commission.

Features

760993 sq. ft. lot size
Land

Property history for 66 State St

2021
Sold
Undisclosed
10 Sep 2021 by Rebecca Demastus, of ERA FIRST ADVANTAGE REALTY, INC
2019
Sold
$522,500
20 Dec 2019
2014
Sold
$54,000
22 Oct 2014 by RICK MILEHAM, of ERA FIRST ADVANTAGE REALTY, INC

Happy sellers in Newburgh

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Local market activity for land plots in Newburgh

In the last 12 months, 16 land plots similar to 66 State St, have been sold.

This represents a 57% increase in land plots sales when compared to the previous 12 months.

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