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    621 N Main St Evansville, IN 47711

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    For Lease
    $12 SF/Yr ($1,040 /Mo)

    Mixed-use property with commercial and residential tenants in revitalized area.

    Property size:
    1,040 SF
    Lot size:
    0.08 Acres

    Property Features for 621 N Main St

    General Information

    Size
    1,040 SF
    Lot size
    0.08 Acres

    Source: Woodward Commercial Realty, Inc. Agent Susan Racine

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

    Overview

    Mixed-Use Property in Revitalized Area

    This mixed-use, multi-tenant property features three commercial spaces and three residential apartments. It is situated along the N. Main Street Revitalization Corridor within the Jacobsville Redevelopment Area, which has recently undergone $15 million in improvements. The surrounding neighborhood offers a mix of retail, office, and residential spaces. The property is located in an Opportunity Zone and TIF District. The property size is 1040 square feet. Taxes and CAM amount to $103 per month, and utilities are $100 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Risse Portraits Photography Studio Sultry Lash Boutique Eyelash Salon The Beauty Expert Beauty Salon Jacobsville Join In Non-Profit Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.563498
    Latitude
    37.983367

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    FAQs

    What type of property is this?
    Retail space - Mixed-use property with commercial and residential tenants in revitalized area.
    Where is this retail space located?
    The property is located at 621 N Main St Evansville, IN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Mixed-Use Property: Features 3 commercial and 3 residential apartment tenants.; - Located in the N. Main Street Revitilization Corridor: Situated in the Jacobsville Redevelopment Area, benefiting from $15M in recent improvements.; - Opportunity Zone & TIF District: Offers potential tax advantages and investment incentives.
    (812) 459-1463
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    621 N Main St 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
    621 N Main St Evansville, IN 47711
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