Land Available For Sale @ 9344 W State Route 66
9344 W State Route 66, Newburgh, IN 47630
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Scott E.
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SVN Martin Group is proud to exclusively offer for sale 7 AC of land along the Warrick Wellness Trail between Evansville and Newburgh. This property is directly north of the new $37 million Encompass Health Deaconess Rehabilitation Hospital. Sewer has been brought on-site as part of recent development, and water/gas/electric are available along the road. This area east of I-69 is home to hospitals, nursing homes, and other assorted health service offices, making this parcel ideal for a complementary user.
Local government and economic development agencies have strategically planned and developed infrastructure in this area to accommodate long-term growth through the creation of a TIFF designated as the Epworth Corridor Economic Development Area (T87019). The TIFF encompasses 544 parcels with a gross assessed value of $280M. The redevelopment bond issuance associated with this TIFF carries an AA rating with Standard & Poors.
SR 66 (Lloyd Expressway) is the main roadway connecting Vanderburgh and Warrick counties. The Warrick Wellness Trail is a new 5 lane roadway running parallel to the Expressway 1200 ft to the north. It spans 1.5 miles from Epworth Rd to Libbert Rd. The Trail includes bike paths and a beautifully hardscaped road-a-bout at the Grimm Rd intersection.
To the west of the proposed office building is Arbor Development, a 75 AC mixed-use development with over 100 single-family homes and condominiums, Warrick Trail Apartments (348-units) constructed in 2017, and a TownPlace Suites by Marriott also constructed in 2017. To the East is a tract of land acquired by Meijer for future development of a Supercenter with retail out lots. Further East past Libbert Road lies Bellmoore Landing, a 70 +/- AC development that is home to a Walmart Supercenter, strip centers, offices, and restaurants. To the South of our site is the Encompass Health Deaconess Rehabilitation Hospital. This space offers accomodations for: office.
Pricing: Contact for Pricing
Availability: Now
Listing ID: 1720600