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    651 Schrader Dr Evansville, IN 47712

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    For Lease
    $6 SF/Yr ($11,500 /Mo)

    23,000 SF industrial space featuring multiple cranes.

    Property size:
    23,000 SF
    Lot size:
    4.23 Acres

    Property Features for 651 Schrader Dr

    General Information

    Size
    23,000 SF
    Lot size
    4.23 Acres

    Source: F.C. Tucker Commercial Agent Kenneth M. Newcomb, Jr.

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

    Overview

    Rehabbed Industrial Space with Cranes

    This 23,000 square foot industrial space has been fully rehabbed. The property includes a new interior dock, two 3-ton jib cranes over the dock, four 3-ton jib cranes in the bays, and one 5-ton full bay crane. The electrical system is 277/480 volt, 1,200 amp. The space can be combined with an adjoining 42,884 square foot area. The property is located at 651 Schrader Dr, Evansville, IN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    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
    -87.6159059
    Latitude
    37.9698714

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    FAQs

    What type of property is this?
    Manufacturing property - 23,000 SF industrial space featuring multiple cranes.
    Where is this manufacturing property located?
    The property is located at 651 Schrader Dr Evansville, IN.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Interior dock for convenient loading/unloading; - Heavy lifting capacity: **2 x 3-ton jib cranes over dock, 4 x 3-ton jib cranes in bays, 1 x 5-ton full bay crane**; - High power electrical system: 277/480 volt, 1,200 amp
    (812) 204-4004
    Request Owner's contact information
    651 Schrader Dr Evansville, IN 47712
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    Evansville, IN 47712
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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
    651 Schrader Dr Evansville, IN 47712
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