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Professional Office Suite with Private Entrance
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2610 S Green River Road, Evansville, IN 47715

Well-maintained office space with furnished private offices, multiple conference rooms, reception, kitchen, and ADA parking.

Property Size3,000 SF
Price / SF$199.97
Days on Market195

Property Features for 2610 S Green River Road

General Information

Standard status Active
Size 3,000 SF
Total Parking Spaces 36
Property subtype Office
Investment Type Owner/User

Additional Details

Highway Access Yes

Amenities

storage area
private entrance
kitchen area
conference rooms
reception area
foyer
paved parking
ADA-compliant spaces

Building Details

Year Built 1995
Buildings 1
Stories 1
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES, INDIANA REALTY
Listed By: Melinda Counter · License #IN RB14048173
Source: Crexi
Added: Apr 17 Changed: Oct 25 Last Checked: Oct 26 at 3:37PM

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 BERKSHIRE HATHAWAY HOMESERVICES, INDIANA REALTY

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Investment Insights

Based on property information with market context.

This well-maintained commercial office space offers a versatile, ready-to-use layout with two large furnished private offices, three conference rooms, and a designated reception area with a welcoming foyer. The suite also includes a kitchen area near the entrance and a half bath toward the rear for staff convenience. Additional improvements include an oversized storage area with elaborate shelving and a private entrance that can support day-to-day operations or inventory management.

The property provides paved parking with ADA-compliant spaces and approximately 33 additional parking spots, with easy ingress and egress for employees and clients.

Ideal for office-oriented use, the configuration is designed to accommodate both client-facing and internal workflows within a single professional suite.

Key Highlights

  • 1995‑built commercial office space offering 3,000+ SF with a layout designed for immediate use
  • Includes two large furnished private offices, three conference rooms, and a reception/foyer area
  • Kitchen area near the entrance plus a half bath toward the rear for staff

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,504
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$730,080 $730.1K
Cap Rate 7%
$521,486 $521.5K
Cap Rate 9%
$405,600 $405.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$57.6K $19.20/SF
− Vacancy
−$8.9K −$2.98/SF
EGI
$48.7K $16.22/SF
− OpEx
−$12.2K −$4.06/SF
NOI
$36.5K $12.17/SF
Area
Evansville, IN
Vacancy
15.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$730,080
Cap Rate 7%
$521,486
Cap Rate 9%
$405,600

Alternative Uses

Best Use
Office B
$521.5K
$456.3K – $608.4K (±1% cap)
NOI $36,504 @ 7.0% cap · market cap 6.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$744.8K
$651.7K – $868.9K (±1% cap)
NOI $52,134 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Pharmacy

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby

Demographics for 47715, IN

28,959
Population
14,451
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
22.0 sq mi
ZIP Area
1,316
Density / Sq Mi
$59,821
Median Household Income
$40,137
Median Earnings
$1,009
Median Rent
$191,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office unit - Well-maintained office space with furnished private offices, multiple conference rooms, reception, kitchen, and ADA parking.
Where is this office unit located?
The property is located at 2610 S Green River Road Evansville, IN.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 1995‑built commercial office space offering 3,000+ SF with a layout designed for immediate use; Includes two large furnished private offices, three conference rooms, and a reception/foyer area; Kitchen area near the entrance plus a half bath toward the rear for staff
(312) 206-8916 Call to check price and availability
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