Corner Flex
For Sale
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6301 Maxwell Avenue, Evansville, IN 47715
Flexible commercial building with multiple access points and exposure at Maxwell Avenue and N Burkhardt Road.
Property Size4,140 SF
Lot Size1.03 Acres
Price / SF$458.94
Days on Market159
Property Features for 6301 Maxwell Avenue
General Information
Standard status
Active
Size
4,140 SF
Class
C
Lot size
1.03 Acres
Property subtype
Industrial, Mixed Use
Lease Type
NNN
Additional Details
Road Access
Yes
Building Details
Year Built
1979
Buildings
1
Building Size
4,140 SF
Listing Agency:
EXP Commercial
Listed By:
Jeremy Morris · License #RB20000784
Source:
Crexi
Added: May 11
Changed: Oct 15
Last Checked: Oct 14 at 9:15PM
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 EXP Commercial
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Investment Insights
Based on property information with market context.
The property includes a 4,140-square-foot flex/industrial building constructed in 1979 on a 1.03-acre parcel. The existing structure is identified as suitable for showroom, specialty trade office, automotive service, and flex-space uses, with room on the site for parking, equipment storage, or potential expansion.
Positioned at the corner of Maxwell Avenue and N Burkhardt Road, the property has high-visibility frontage and multiple ingress and egress points. Lowe's, Discount Tire, and Aldi are directly across the street, placing the site among established retail and service businesses in Evansville. The address is 6301 Maxwell Avenue, Evansville, IN 47715.
Positioned at the corner of Maxwell Avenue and N Burkhardt Road, the property has high-visibility frontage and multiple ingress and egress points. Lowe's, Discount Tire, and Aldi are directly across the street, placing the site among established retail and service businesses in Evansville. The address is 6301 Maxwell Avenue, Evansville, IN 47715.
Key Highlights
- 4,140 SF flex/industrial building constructed in 1979
- 1.03‑acre commercial parcel
- Corner location at Maxwell Avenue and N Burkhardt Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,149
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,980
$1.1M
Cap Rate 7%
$802,129
$802.1K
Cap Rate 9%
$623,878
$623.9K
Market Conditions
NOI Build-Up for 4,140 SF
Gross rent
$89.4K $21.60/SF
− Vacancy
−$9.2K −$2.22/SF
EGI
$80.2K $19.38/SF
− OpEx
−$24.1K −$5.81/SF
NOI
$56.1K $13.56/SF
Area
Evansville, IN
Vacancy
10.30%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,980
Cap Rate 7%
$802,129
Cap Rate 9%
$623,878
Alternative Uses
Best Use
Retail
$802.1K
$701.9K – $935.8K
NOI $56,149 @ 7.0% cap · market cap 2.96%
Second Best
Flex RnD
$643.5K
$563.1K – $750.8K
NOI $45,047 @ 7.0% cap · market cap 2.37%
Theoretical Best
Office A
$1.03M
$899.3K – $1.20M
NOI $71,945 @ 7.0% cap · market cap 3.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial building with multiple access points and exposure at Maxwell Avenue and N Burkhardt Road.
Where is this flex space located?
The property is located at 6301 Maxwell Avenue Evansville, IN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 4,140 SF flex/industrial building constructed in 1979; 1.03‑acre commercial parcel; Corner location at Maxwell Avenue and N Burkhardt Road
