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    700 E Walnut St Evansville, IN 47713

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    For Lease
    $11 SF/Yr ($7,197 /Mo)

    Office building for lease near downtown Evansville and IU School of Medicine.

    Property size:
    7,852 SF
    Lot size:
    2.43 Acres

    Property Features for 700 E Walnut St

    General Information

    Size
    7,852 SF
    Lot size
    2.43 Acres

    Source: SVN | The Martin Group Agent Richard A. Clements

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

    Overview

    Evansville Office Building For Lease

    This attractive brick office building is situated on Walnut Street just west of US Highway 41, conveniently located along the eastern approach to Downtown Evansville. The property, totaling 7852 square feet, is surrounded by a mix of commercial and residential properties. It is located just a few blocks from the newly completed IU School of Medicine, the DoubleTree by Hilton and Deaconess Clinic. Ample, well-lit parking is available onsite. A pylon sign with digital display is available for tenant use. Very favorable lease terms are offered, with utilities included. A private entrance and restrooms are available in the suite.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Heartland PACE Evansville Aged Care Blind Services-Indiana Family Social Services Organization Bureau-Developmental Disabltes State Government Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5641144
    Latitude
    37.9747821

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    FAQs

    What type of property is this?
    Office building - Office building for lease near downtown Evansville and IU School of Medicine.
    Where is this office building located?
    The property is located at 700 E Walnut St Evansville, IN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Conveniently situated near Downtown Evansville, IU School of Medicine, DoubleTree by Hilton, and Deaconess Clinic.; - Attractive Lease Terms: Very favorable lease terms with utilities included.; - 3 MONTHS FREE for qualified tenant under long-term lease.
    (812) 746-8569
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    700 E Walnut St Evansville, IN 47713
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    Evansville, IN 47713
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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
    700 E Walnut St Evansville, IN 47713
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