With a population of 117,429, as of the 2010 census, Evansville is the state’s third-most populous city. The exciting array of historical and cultural sites makes this city a popular tourist destination. Besides its healthy tourist economy, the city is situated on the Ohio River, right in the heart of rich coal fields. Major corporations have established regional operations and corporate headquarters here; a fertile farming region surrounds Evansville; and the city’s retail/wholesale trade area size ranks second in the state.
Over the past few years, steady increases in the job market, accompanied by very low unemployment rates, have succeeded in putting Evansville on the millennial generation’s radar as well … and it has become a blossoming community in need of housing!
This need for more housing drives Evansville’s land sales; however, before leaping into land investment, know that location and timing are everything! Let your local experts at Proactive Lending Group advise you with information on the locale and which commercial land funding might be a good fit for you. Give us a call to learn more about land loans and other financing products with Proactive Lending.