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    900 Indiana St Evansville, IN 47710

    For Lease
    $7 SF/Yr

    59,739 SF R&D/Manufacturing Space

    Lot size:
    59,739 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 59,739-square-foot industrial property in Evansville, Indiana, offers a unique blend of research and development, manufacturing, flex, and warehouse space. Situated on a 1.56-acre lot at 900 W Indiana St, near the Lloyd Expressway and First Avenue, this single-tenant building boasts a 1928 construction date with significant renovations completed in 2015. The property features 18-foot ceilings, 80 parking spaces, and one drive-in bay. The interior includes fully furnished Class A offices and a call center, a structured observation room with one-way glass, multiple conference rooms, and a state-of-the-art DaVinci training room equipped with three TVs and a speaker system. The building is secured with a badge swipe system, camera surveillance, and an interior door lock-down system. Test labs are equipped with 480-volt, 3-phase power throughout, and bus duct throughout at 12,500-volt, 480/277. A 24-inch water supply is also available. Currently, 19,957 square feet is vacant, offering expansion opportunities. The M-2 zoning allows for a variety of uses. CAD drawings are available upon request. An additional 16,800-square-foot maintenance facility across the street is also available. This property is ideally suited for a company seeking a versatile and well-equipped space in a prime Evansville location. The building is a former GE Appliances development center.

    Property Features for 900 Indiana St

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    59,739 SF
    Total Rate
    34847.75

    Building Details

    Year Built/Renovated
    1928/2015
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    59,739 SF
    Rate per SF
    $7
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Haier America Tech ... Corporate Office

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm 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
    -87.576415453426
    Latitude
    37.978486844476

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    FAQs

    What type of property is this?
    Life science property - 59,739 SF R&D/Manufacturing Space
    Where is this life science property located?
    The property is located at 900 Indiana St Evansville, IN.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
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    900 Indiana St Evansville, IN 47710
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    Evansville, IN 47710
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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.

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    Cap approach

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    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
    900 Indiana St Evansville, IN 47710
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