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    401 S Kentucky Ave Evansville, IN 47714

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    For Sale
    $185,000

    High-traffic corner lot with a 1,296 SF commercial building.

    Property size:
    1,296 SF
    Lot size:
    0.72 Acres

    Property Features for 401 S Kentucky Ave

    General Information

    Size
    1,296 SF
    Lot size
    0.72 Acres

    Source: F.C. Tucker Commercial Agent Kristin Dannheiser

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

    Overview

    Corner Lot with Commercial Building

    Located at the corner of Walnut Street and S Kentucky Avenue, this property includes three parcels: two vacant lots and a corner lot improved with a 1,296 square foot commercial building. The site is located 0.2 miles from the US 41 corridor, offering direct access to Downtown Evansville. The surrounding area features a mix of businesses and residential properties. The location offers many possibilities for a future owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Twice the Ice Ice Supplier

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5480838
    Latitude
    37.9733453

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    FAQs

    What type of property is this?
    Storefront property - High-traffic corner lot with a 1,296 SF commercial building.
    Where is this storefront property located?
    The property is located at 401 S Kentucky Ave Evansville, IN.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - High-traffic corner location at Walnut Street & S Kentucky Avenue.; - Direct access to Downtown Evansville.; - Proximity to US 41 corridor (0.2 mile).
    (812) 455-0001
    Request Owner's contact information
    401 S Kentucky 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
    401 S Kentucky Ave Evansville, IN 47714
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