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    5011 Washington Ave Evansville, IN 47715

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    For Lease
    $1,125 /Mo ($16 SF/Yr)

    Newly remodeled office space with utilities included near Washington Square.

    Property size:
    800 SF
    Lot size:
    0.79 Acres

    Property Features for 5011 Washington Ave

    General Information

    Size
    800 SF
    Lot size
    0.79 Acres

    Source: Woodward Commercial Realty, Inc. Agent Brian Myrick

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

    Overview

    Remodeled Office Space For Rent

    This newly remodeled office space is located behind Washington Square Mall and adjacent to the new Goodwill Excel Center. Suite 106 offers 800 square feet of space for $1,000 per month, featuring two offices and a large entry reception room. The rent includes all utilities: gas, electric, water, sewer, and trash. All triple net costs, including property taxes, insurance, and maintenance, are also included. The space comes with wireless 1 Gig internet and access-controlled entry to office suites via a phone app for security and convenience. There is 24/7 building surveillance. Tenants have access to a large conference room equipped with three 75-inch TVs and seating for 30 people. A suite alarm system is available for an additional charge, if needed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mallory A. Trice, Cota Occupational Therapist Saint Mary'S Lab ... X-Ray Lab Harpenau Insurance Inc. Insurance Agency Amanda Beitler Photo Photographer Sherri Falconer Physical Therapist

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.4907536
    Latitude
    37.9585401

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    FAQs

    What type of property is this?
    Office space - Newly remodeled office space with utilities included near Washington Square.
    Where is this office space located?
    The property is located at 5011 Washington Ave Evansville, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - All-inclusive rent covering utilities, property taxes, insurance, and maintenance.; - Enjoy high-speed 1 Gig wireless internet.; - Secure, access-controlled entry with phone app and 24/7 building surveillance.
    (812) 205-8701
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    Evansville, IN 47715
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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
    5011 Washington Ave Evansville, IN 47715
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