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    1501 Fountain Ave Evansville, IN 47710

    For Sale
    $1,849,000

    4800 SF industrial building with M-3 zoning and buildable lot.

    Property size:
    4,740 SF
    Lot size:
    0.20 Acres

    Property Features for 1501 Fountain Ave

    General Information

    Size
    4,740 SF
    Lot size
    0.20 Acres

    Source: Harris Howerton Real Estate Agent Harris Howerton

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

    Overview

    Industrial Building with Buildable Lot

    This 4800 square foot industrial building is zoned M-3, accommodating various contractor or fabricator uses. The building is currently configured as a duplex, with each side featuring its own office and workshop space. One side is currently rented to a month-to-month tenant. Each side includes an overhead door located at the rear of the building. Adjacent to the west side is an empty, buildable lot suitable for parking, laydown area, or expansion. Situated on a corner lot, the property benefits from high visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Loeffler Painting Co ... Painting

    Suggested Use

    Realty agency Law Firm Restaurant 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.

    Similar Places Nearby

    Old Tyme Deli & Meat Shop, Siciliano Charcuterie

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5853362
    Latitude
    37.9869081

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    FAQs

    What type of property is this?
    Flex space - 4800 SF industrial building with M-3 zoning and buildable lot.
    Where is this flex space located?
    The property is located at 1501 Fountain Ave Evansville, IN.
    What is the asking price?
    The asking price for this property is $1,849,000.
    What are key features of this property?
    This property features: - Zoned M-3, allowing for a wide range of contractor or fabricator uses.; - **4800 square foot industrial building on a corner lot with great visibility.**; - Includes an empty buildable lot contiguous to the building, suitable for parking, laydown area, or expansion.
    (812) 204-6444
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    1501 Fountain Ave Evansville, IN 47710
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    Evansville, IN 47710
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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
    1501 Fountain Ave Evansville, IN 47710
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