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    5950 E Morgan Ave Evansville, IN 47715

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    For Lease
    $6 SF/Yr ($2,854 /Mo)

    5000 SF warehouse with office space for lease.

    Property size:
    5,000 SF
    Lot size:
    0.82 Acres

    Property Features for 5950 E Morgan Ave

    General Information

    Size
    5,000 SF
    Lot size
    0.82 Acres

    Source: Hahn Kiefer Real Estate Services Agent Joseph Kiefer

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

    Overview

    Evansville Warehouse and Office Space

    This property offers 5000 square feet of space for lease, with a breakdown of 3320 square feet designated as warehouse area and 1680 square feet configured as office space. The building is situated on a 0.79-acre lot and is zoned M-2. The warehouse features a ceiling height of 19 feet 8 inches at the eave. Access to the warehouse is facilitated by two drive-in doors, one measuring 12 feet by 16 feet and the other 16 feet by 16 feet. The property is equipped with 480V Delta 3 Phase electrical power. The annual taxes for the property are $3,107.20.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Boats And Toys Corporate Office

    Suggested Use

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

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

    Similar Places Nearby

    Affordable Storage

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.4787393
    Latitude
    37.9946664

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    FAQs

    What type of property is this?
    Warehouse - 5000 SF warehouse with office space for lease.
    Where is this warehouse located?
    The property is located at 5950 E Morgan Ave Evansville, IN.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - 5000 SF total space with dedicated warehouse (3320 SF) and office (1680 SF) areas; - M-2 zoning, suitable for a variety of industrial uses; - High ceiling height of 19’ 8” at the eave, accommodating various storage and operational needs
    (812) 604-5973
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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
    5950 E Morgan Ave Evansville, IN 47715
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