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    615 W Virginia St Evansville, IN 47710

    For Sale
    $2,500,000

    35,010 SF office building near Deaconess Hospital.

    Property size:
    35,010 SF
    Lot size:
    2.32 Acres

    Property Features for 615 W Virginia St

    General Information

    Size
    35,010 SF
    Lot size
    2.32 Acres

    Source: Woodward Commercial Realty, Inc. Agent Chris Jackson, CCIM, SIOR

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

    Overview

    Evansville Office Facility Near Hospital

    The property features an office facility with 32,790 square feet on the main level and an additional 2,220 square feet penthouse area, totaling a gross building area of 35,010 square feet. The land area consists of three lots totaling 2.32 acres, with two of the lots located across the street and used for surface parking. The property is located in the Midtown area of Evansville, Indiana, and is adjacent to the Deaconess Hospital campus. It offers convenient access to State Route 62 (Lloyd Expressway), U.S. Route 41, and Interstate 69.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Evansville Arc Inc Non-Profit Organization Child Life Center Day Care Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.555842
    Latitude
    37.9816066

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    FAQs

    What type of property is this?
    Office building - 35,010 SF office building near Deaconess Hospital.
    Where is this office building located?
    The property is located at 615 W Virginia St Evansville, IN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Directly attached to Deaconess Hospital campus.; - Total gross building area of 35,010 SF.; - Located in the Midtown area of Evansville, IN.
    (812) 205-5580
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    615 W Virginia St 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
    615 W Virginia St Evansville, IN 47710
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