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    1929 E Morgan Ave Evansville, IN 47711

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    For Sale
    $299,000

    Retail space on corner lot near Highway 41.

    Property size:
    1,934 SF
    Lot size:
    0.43 Acres

    Property Features for 1929 E Morgan Ave

    General Information

    Size
    1,934 SF
    Lot size
    0.43 Acres

    Source: Woodward Commercial Realty, Inc. Agent Susan Racine

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

    Overview

    Retail Space on Corner Lot

    This 1934-square-foot retail space is located at the corner of Morgan Avenue and Weinbach Avenue. The property, formerly a service and convenience store, is situated close to Highway 41, schools, businesses, and residential areas. The lot size is 132 feet by 151 feet. Phase 1 of an environmental assessment has been completed, and lifts and tanks have been removed. The property is zoned C-4.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Similar Places Nearby

    McDonald's

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5295539
    Latitude
    37.991451

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    FAQs

    What type of property is this?
    Grocery and convenience store - Retail space on corner lot near Highway 41.
    Where is this grocery and convenience store located?
    The property is located at 1929 E Morgan Ave Evansville, IN.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - High-visibility location at the corner of Morgan Ave. & Weinbach Ave.; - Large 132 x 151 lot size; - Zoned C-4 for commercial use
    (812) 459-1463
    Request Owner's contact information
    1929 E Morgan Ave Evansville, IN 47711
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    Evansville, IN 47711
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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
    1929 E Morgan Ave Evansville, IN 47711
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