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Flex Space with Fenced Lot
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1116 East Diamond Avenue, Evansville, IN 47711

Office and shop space with updated building systems and a secured outdoor area.

Space Size1,400 SF - 6,800 SF
Days on Market8

Property Features for 1116 East Diamond Avenue

General Information

Standard status Active
Size 1,400 SF - 6,800 SF
Property subtype Industrial

Additional Details

Fenced Yard Yes

Spaces For Lease

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1120 Diamond Ave

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6,800 SF
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1149 Joan Ave

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Listing Agency: FC Tucker Commercial
Listed By: Aaron Kendall · License #IN RB14036816
Source: Crexi
Added: Sep 4 Changed: Sep 9 Last Checked: Sep 11 at 6:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FC Tucker Commercial

Investment Insights

Based on property information with market context.

This flex property combines office and shop space with a fenced lot for controlled outdoor use. Recent improvements include new carpet, HVAC, water heater, siding, and roof, providing updated components across the building.

The second floor contains a 2-bedroom, 2-bath apartment that could be converted to office use. The property is located at 1116 East Diamond Avenue in Evansville, Indiana, along Diamond Avenue.

Key Highlights

  • Flex property with office and shop areas
  • Fenced lot for controlled outdoor use
  • New carpet, HVAC, water heater, siding, and roof

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Pharmacy Gym & Fitness Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47711, IN

31,266
Population
14,487
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
16.5 sq mi
ZIP Area
1,895
Density / Sq Mi
$65,398
Median Household Income
$39,114
Median Earnings
$982
Median Rent
$156,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Evansville, IN

$10.39 /SF/Yr
Avg Asking Price
$6.85–$20.12 /SF/Yr
Price Range
7,106 SF
Avg Space Size

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Office and shop space with updated building systems and a secured outdoor area.
Where is this flex space located?
The property is located at 1116 East Diamond Avenue Evansville, IN.
What are key features of this property?
This property features: Flex property with office and shop areas; Fenced lot for controlled outdoor use; New carpet, HVAC, water heater, siding, and roof
(812) 480-8100 Call to check price and availability
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