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Retail or Medical Office Opportunity
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250 S Red Bank Rd, Evansville, IN 47712

Property offers storefront-facing exposure near Walmart and Home Depot with daily traffic of 14,800.

Property SizeContact for details
Days on Market143

Property Features for 250 S Red Bank Rd

General Information

Standard status Active
Property subtype Retail, Office

Additional Details

Traffic Count 14,800 vehicles/day
Listing Agency: Woodward Commercial Realty Inc
Listed By: Lisa M Raben · License #IN RB14037542
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 6:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Woodward Commercial Realty Inc

Investment Insights

Based on property information with market context.

For sale at 250 S Red Bank Rd in Evansville, this property is positioned on the west side and faces Walmart and Home Depot along Red Bank Road. The location is described as being at the entrance to Walmart, with exposure that can support both medical and retail needs.

The property is also noted as being near the intersection of Red Bank and Pearl Drive. Public remarks list an estimated traffic count of 14,800 vehicles per day, which may be a practical consideration for businesses seeking strong passing visibility in the immediate shopping node anchored by Walmart and Home Depot.

Key Highlights

  • Storefront‑facing exposure on Red Bank Road near Walmart and Home Depot
  • Located near the intersection of Red Bank Road and Pearl Drive at the entrance to Walmart
  • Traffic count of 14,800 per day

Property Analytics

Current Use

Evan's smoke shop (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store HVAC Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14,800 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby

Demographics for 47712, IN

24,895
Population
10,795
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
93%
High-School Grad
62.7 sq mi
ZIP Area
397
Density / Sq Mi
$64,285
Median Household Income
$36,018
Median Earnings
$933
Median Rent
$173,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Property offers storefront-facing exposure near Walmart and Home Depot with daily traffic of 14,800.
Where is this retail space located?
The property is located at 250 S Red Bank Rd Evansville, IN.
What are key features of this property?
This property features: Storefront‑facing exposure on Red Bank Road near Walmart and Home Depot; Located near the intersection of Red Bank Road and Pearl Drive at the entrance to Walmart; Traffic count of 14,800 per day
More about this property
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