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    2720 Colonial Garden Rd Evansville, IN 47715

    For Sale
    $485,000

    6,040 SF industrial property with remodeled offices and warehouse space.

    Property size:
    6,040 SF
    Lot size:
    0.82 Acres

    Property Features for 2720 Colonial Garden Rd

    General Information

    Size
    6,040 SF
    Lot size
    0.82 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 Warehouse with Remodeled Offices

    This 6,040 square foot industrial property is located on Evansville's east side. The property features remodeled office space including 4 offices, a kitchen, a conference room, and 2 restrooms. The warehouse portion encompasses 4,760 square feet and is fully heated. An additional 2,200 square feet of the warehouse is both heated and cooled. The property also includes a mezzanine for storage and 3 bay doors. It is zoned M-1. The current lease expires on June 1, 2026, with a monthly rent of $3,272 NNN. The annual taxes are $3,641, and the annual insurance cost is $1,800.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Regent Promotions Marketing Agency Solid Platforms Scaffolding Rental Service

    Suggested Use

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

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

    Similar Places Nearby

    Storage Rentals of America, That Warehouse on Morgan, Store N Lock Storage & Packing - Morgan Ave, 1st Choice Storage, Public Storage

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.4792339
    Latitude
    38.0020006

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    FAQs

    What type of property is this?
    Warehouse - 6,040 SF industrial property with remodeled offices and warehouse space.
    Where is this warehouse located?
    The property is located at 2720 Colonial Garden Rd Evansville, IN.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: - Large warehouse space (4760 SF) with partial climate control (2200 SF heated & cooled).; - Newly remodeled industrial space with **4 offices, kitchen, and conference room.**; - Convenient east side location in Evansville.
    (812) 459-1463
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    2720 Colonial Garden Rd Evansville, IN 47715
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    Evansville, IN 47715
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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
    2720 Colonial Garden Rd Evansville, IN 47715
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