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    5000 E Plz Blvd Evansville, IN

    For Sale
    $622,000

    8,000 SF flex/industrial building available for sale or lease.

    Property size:
    8,000 SF
    Lot size:
    1.08 Acres

    Property Features for 5000 E Plz Blvd

    General Information

    Size
    8,000 SF
    Lot size
    1.08 Acres

    Source: NAI Prime Commercial Agent Scott Edmond

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

    Overview

    Versatile Flex/Industrial Building

    This 8,000 square foot flex/industrial building is available for sale or lease. The property, formerly an indoor shooting range, is being stripped down to a clean slate by the new owners. The 80'x100' post frame building can be subdivided for multiple tenants. It features frontage on both East Division Street and Tennis Lane, along with ample parking. The owner is willing to build out for a tenant or buyer and will subdivide the space.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5699999
    Latitude
    37.97

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    FAQs

    What type of property is this?
    Flex space - 8,000 SF flex/industrial building available for sale or lease.
    Where is this flex space located?
    The property is located at 5000 E Plz Blvd Evansville, IN.
    What is the asking price?
    The asking price for this property is $622,000.
    What are key features of this property?
    This property features: - Clean slate interior ready for customization.; - Subdividable for multiple tenants.; - Frontage on two streets (East Division Street and Tennis Lane).
    (812) 453-3102
    Request Owner's contact information
    5000 E Plz Blvd Evansville, IN
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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
    5000 E Plz Blvd Evansville, IN
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