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    2214 Saint Joseph Ind Park Dr Evansville, IN 47720

    For Sale
    $870,000

    Industrial property with existing tenants and business for sale.

    Property size:
    10,281 SF
    Lot size:
    3.03 Acres

    Property Features for 2214 Saint Joseph Ind Park Dr

    General Information

    Size
    10,281 SF
    Lot size
    3.03 Acres

    Source: Woodward Commercial Realty, Inc. Agent Susan Racine

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

    Overview

    Industrial Property with Tenant Income

    The property features 10,281 square feet of space situated on 3 acres of M-2 zoned land. Currently, Sycamore Enterprises Inc. occupies 8,000 square feet of the property, paying $3,400 NNN monthly, which equates to $5.10 per square foot. An additional tenant occupies 2,000 square feet under a gross lease at $3,000 per month with a one-year lease. The business operating within the property, Sycamore Enterprises Inc., is also available for sale for $175,000. The property is suitable for warehouses, industrial purposes, and manufacturing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy Auto Parts Store

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

    Similar Places Nearby

    Sycamore Enterprises Inc, Huber Avenue Mini Warehouses, West Side Mini Storage, Store-N-Lock Storage & Packing - Kratzville Rd, Locust Hill Storage Facility

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.597975
    Latitude
    38.018332

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    FAQs

    What type of property is this?
    Warehouse - Industrial property with existing tenants and business for sale.
    Where is this warehouse located?
    The property is located at 2214 Saint Joseph Ind Park Dr Evansville, IN.
    What is the asking price?
    The asking price for this property is $870,000.
    What are key features of this property?
    This property features: - 3 Acres of M-2 Zoned Property; - 8,000 SF Occupied by Tenant Paying $3,400 NNN ($5.10/SF); - Additional 2,000 SF Tenant on Gross Lease at $3,000/Month
    (812) 459-1463
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    2214 Saint Joseph Ind Park Dr Evansville, IN 47720
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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
    2214 Saint Joseph Ind Park Dr Evansville, IN 47720
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