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    501 4Th St Evansville, IN 47708

    Sponsored
    For Sale
    $850,000

    10,058 SF Warehouse, High Visibility

    Property size:
    10,058 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 10,058 square foot warehouse, situated on a 0.62-acre lot in Evansville, Indiana, is offered for sale at $850,000. Built in 1977, this single-story building features two loading docks and two dock-high doors, making it ideal for efficient loading and unloading operations. The property boasts 22 parking spaces and is zoned C-4, offering flexibility for various commercial uses. The warehouse includes approximately 3,800 square feet of warehouse space, supplemented by a small office and restroom. Its prime location at a major downtown intersection provides exceptional visibility, particularly from the Lloyd Expressway, ensuring high traffic exposure. The property is conveniently located within a 10-mile commute from all areas of the city, offering easy access for employees and clients. The property's parcel ID is 82-06-30-029-033.013-029. Currently under a short-term lease, this presents a unique opportunity for immediate occupancy or future development. The property is surrounded by several professional offices, further enhancing its desirability and potential for synergistic business relationships. This is a rare opportunity to acquire a well-located, functional warehouse in a thriving Evansville commercial district.

    Property Features for 501 4Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    10,058 SF
    Lot Size
    27,007 SF

    Building Details

    Year Built
    1977
    Buildings
    1
    Stories
    1

    HighLights

    • $850,000 asking price for this 10,058 SF industrial warehouse.
    • Located at 501 NW 4th St, Evansville, IN 47708, on a 0.62‑acre lot.
    • Features 2 loading docks and 2 dock‑high doors.
    • Includes 22 parking spaces.
    • 1‑story building, built in 1977, with C‑4 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rise Learning Center Education Center Sultry Lash Boutique Beauty Salon Carothers Law Office Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.574505588775
    Latitude
    37.976500057272

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    FAQs

    What type of property is this?
    Distribution property - 10,058 SF Warehouse, High Visibility
    Where is this distribution property located?
    The property is located at 501 4Th St Evansville, IN.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: $850,000 asking price for this 10,058 SF industrial warehouse.; Located at 501 NW 4th St, Evansville, IN 47708, on a 0.62-acre lot.; Features 2 loading docks and 2 dock-high doors.
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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
    501 4Th St Evansville, IN 47708
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