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    1003 E Riverside Dr Evansville, IN 47714

    For Sale
    $149,900

    Remodeled office, shop space, and corner lot.

    Property size:
    1,525 SF
    Lot size:
    0.24 Acres

    Property Features for 1003 E Riverside Dr

    General Information

    Size
    1,525 SF
    Lot size
    0.24 Acres

    Source: ERA First Advantage Realty, Inc. Agent Mark J. Miller

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

    Overview

    Riverside Drive Automotive Property

    Located at the corner of Riverside Drive and Kentucky Avenue, this property features curb cuts on both streets. It was most recently used as a used car lot. The property includes a 525-square-foot office that has been fully remodeled, along with a 1,000-square-foot shop. The shop is equipped with three 8-foot overhead doors and is divided into two work areas. The building's location, updates, and shop area offer a variety of opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Best Value Auto ... Used Car Dealer

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

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

    Similar Places Nearby

    Eye Candy Auto Detail, Jays Auto and Auto Body Collision Specialist

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5477103
    Latitude
    37.9533032

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    FAQs

    What type of property is this?
    Auto shop - Remodeled office, shop space, and corner lot.
    Where is this auto shop located?
    The property is located at 1003 E Riverside Dr Evansville, IN.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - High-traffic corner lot location on Riverside Drive & Kentucky Avenue with curb cuts on both streets.; - Includes a **1,000 sqft shop with three 8' overhead doors** divided into two work areas.; - Features a **525 sqft office that has been 100% remodeled.**
    (812) 760-1506
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    1003 E Riverside Dr 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
    1003 E Riverside Dr Evansville, IN 47714
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