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    625 Bellemeade Ave Evansville, IN 47713

    For Sale
    $495,000

    Versatile Church & Daycare Center

    Property size:
    27,855 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Evansville, Indiana property, located at 625 Bellemeade Ave, offers 27,855 square feet of versatile space on a 1.5-acre lot (APN 82-06-29-023-012.002-029). Currently configured as a thriving church and daycare center, the two-story Class B building boasts seven large classrooms, two offices, a conference room, a spacious indoor play area, and ample storage. A sizable sanctuary features a choir loft and additional office space. The property includes an existing kitchen, potentially upgradable for expanded childcare use. Recent renovations (2023) encompass a new HVAC system, updated plumbing, and a modernized fire and security system. The seller is open to leaving most daycare-related fixtures for a seamless transition. Zoned R-2, this property presents a unique opportunity for continued use as a church and daycare or for adaptive reuse. The building's prime location in downtown Evansville offers excellent visibility and accessibility. Asking price: $495,000.

    Property Features for 625 Bellemeade Ave

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    27,855 SF
    Class
    B
    Lot Size
    65,340 SF

    Building Details

    Year Renovated
    2023
    Buildings
    1
    Stories
    2

    HighLights

    • $495,000 asking price for a 27,855 SF, two‑story Class B building.
    • Located at 625 Bellemeade Ave, Evansville, IN 47713, on a 1.5‑acre lot (APN: 82‑06‑29‑023‑012.002‑029).
    • Property zoned R‑2, suitable for daycare, church, or traditional office use.
    • Recently renovated in 2023, including new HVAC, plumbing, fire, and security systems.
    • Features seven large classrooms, two offices, a conference room, a large indoor play area, and ample storage. A large sanctuary with a choir loft and additional office space is also included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5557995
    Latitude
    37.9682866

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    FAQs

    What type of property is this?
    Church & religious facility - Versatile Church & Daycare Center
    Where is this church & religious facility located?
    The property is located at 625 Bellemeade Ave Evansville, IN.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: $495,000 asking price for a 27,855 SF, two-story Class B building.; Located at 625 Bellemeade Ave, Evansville, IN 47713, on a 1.5-acre lot (APN: 82-06-29-023-012.002-029).; Property zoned R-2, suitable for daycare, church, or traditional office use.
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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
    625 Bellemeade Ave Evansville, IN 47713
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