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    5130 Vogel Rd Evansville, IN 47715

    For Lease
    $15 SF/Yr ($12,662 /Mo)

    10,130 SF Creative Office, 4,464 SF Available

    Lot size:
    10,130 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10,130-square-foot creative office building, situated on a 1.17-acre lot in Evansville's Eastside submarket, presents a unique investment opportunity. Built in 1986, the Class B property boasts a single building with 56 total parking spaces and is conveniently located near N Green River Rd. Currently featuring a layout suitable for an adult day facility, the space is easily adaptable to traditional office use. The 4,464 square feet of vacant space offers large open areas, a full kitchen, spacious client restrooms, and several private offices, providing flexibility for various business needs. The 9-foot ceilings contribute to a bright and airy atmosphere. The property's C-4 zoning allows for a range of commercial uses. A small fenced area behind the building provides additional outdoor space. This property offers ample shared parking and is an excellent choice for businesses seeking a versatile and well-located office space in a thriving Evansville neighborhood. The APN is 82-06-24-017-159.034-027. This is a multi-tenant building.

    Property Features for 5130 Vogel Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,130 SF
    Class
    B
    Total Rate
    12662.5

    Building Details

    Year Built
    1986
    Buildings
    1

    Unit(s) available at that property

    Space
    5130 Vogel Rd
    Size
    4,464 SF
    Rate per SF
    $15

    HighLights

    • 10,130 SF creative office building on a 1.17‑acre lot in Evansville's Eastside submarket.
    • Class B, single‑building property built in 1986 with 56 parking spaces near N Green River Rd.
    • Currently configured as an adult day facility, easily adaptable to traditional office use.
    • 4,464 SF of vacant space features open areas, full kitchen, restrooms, and private offices.
    • 9‑foot ceilings, C‑4 zoning, and a small fenced outdoor area.
    • Multi‑tenant building with ample shared parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Southwest Indiana Association ... Real Estate Agency Grace Transport Trucking Company Evansville Area Association ... Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.488153229853
    Latitude
    37.987688372039

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    FAQs

    What type of property is this?
    Office space - 10,130 SF Creative Office, 4,464 SF Available
    Where is this office space located?
    The property is located at 5130 Vogel Rd Evansville, IN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 10,130 SF creative office building on a 1.17-acre lot in Evansville's Eastside submarket.; Class B, single-building property built in 1986 with 56 parking spaces near N Green River Rd.; Currently configured as an adult day facility, easily adaptable to traditional office use.
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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
    5130 Vogel Rd Evansville, IN 47715
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