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    1201 N 1St Ave Evansville, IN 47710

    For Sale
    $75,000

    Vacant mixed-use building with apartment, off-street parking, C-2 zoning.

    Property size:
    3,080 SF

    Property Features for 1201 N 1St Ave

    General Information

    Size
    3,080 SF

    Building Details

    Year built
    1911

    Source: Scott Edmond Agent Scott Edmond

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Apartment

    This vacant mixed-use building, formerly a liquor store, includes a large two-bedroom apartment upstairs. Constructed in 1911, the property is zoned C-2 and features off-street parking. The building is located at the northeast corner of N First Ave and W Louisiana Street, south of Diamond Ave and north of Lloyd Expressway. The property size is 3080 square feet. The location experiences a traffic count of approximately 18,000 cars per day. Nearby landmarks include Berry Plastics and Deaconess Midtown.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kwik Stop Liq. Liquor Store Coin Cloud Bitcoin ... Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5744939
    Latitude
    37.9886517

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    FAQs

    What type of property is this?
    Mixed-use property - Vacant mixed-use building with apartment, off-street parking, C-2 zoning.
    Where is this mixed-use property located?
    The property is located at 1201 N 1St Ave Evansville, IN.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - C-2 Zoning: Suitable for a variety of commercial uses; - Large 2-Bedroom Upstairs Apartment: Provides potential rental income or owner-occupancy; - High Traffic Location: 18,000 cars per day, offering excellent visibility
    (812) 453-3102
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    1201 N 1St Ave Evansville, IN 47710
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    Evansville, IN 47710
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1201 N 1St Ave Evansville, IN 47710
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