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    4411 Washington Ave Evansville, IN 47714

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    For Sale
    $3,750,000

    East Side medical building near Ascension St. Vincent Evansville Hospital.

    Property size:
    52,995 SF
    Lot size:
    3.78 Acres

    Property Features for 4411 Washington Ave

    General Information

    Size
    52,995 SF
    Lot size
    3.78 Acres

    Source: F.C. Tucker Commercial Agent Will Smith

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

    Overview

    Evansville Medical Building For Sale

    This medical building, located on the East Side of Evansville, Indiana, is situated approximately one-half mile from Ascension St. Vincent Evansville Hospital & Medical Center and adjacent to Professional Blvd. The surrounding area features abundant retail shopping, a dense residential population, and a hospitality corridor. The facility includes three floors and a lower level, serviced by two elevators and one drive-in door. The building features a brick and glass exterior, along with a canopy for pick-up and drop-off. Ample parking and a back-up generator are available. The property offers an investment opportunity with an anchor tenant lease in place until 2036. The property contains 52,995 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Mohammed F. ... Endocrinologist Wellborn Clinic Internal ... Doctor Parus Kendra L Nurse Practitioner Indiana Spine and Pain ... Pain Management Physician Luzio & Associates Behavioral ... Counselor

    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
    -87.4963249
    Latitude
    37.9616285

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    FAQs

    What type of property is this?
    Medical office - East Side medical building near Ascension St. Vincent Evansville Hospital.
    Where is this medical office located?
    The property is located at 4411 Washington Ave Evansville, IN.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: - Anchor tenant lease in place until 2036.; - Ideally located ½ mile from Ascension St. Vincent Evansville Hospital & Medical Center.; - Ample parking and back-up generator.
    (812) 480-0553
    Request Owner's contact information
    4411 Washington Ave Evansville, IN 47714
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    Evansville, IN 47714
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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
    4411 Washington Ave Evansville, IN 47714
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