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    2000 Covert Ave Evansville, IN 47714

    For Lease
    Contact for pricing

    7,028 SF Retail Space, Ample Parking

    Lot size:
    7,028 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Evansville, IN retail property at 2000 Covert Ave, zip code 47714, offers 7,028 square feet of versatile commercial space in a prime location. The property is a multi-tenant strip center/free-standing building situated on a 0.84-acre lot (36,555 square feet), providing ample space for various business needs. Currently, there are 2,097 square feet of vacant space available, with the potential for leasing additional space, ranging from 2,097 to 4,931 square feet. The property boasts 39 total parking spaces, ensuring convenient access for customers and employees. The building features a contemporary design with large windows allowing for abundant natural light, creating a welcoming and bright atmosphere. Its well-maintained exterior presents a professional image, enhancing the overall appeal. This high-visibility location within a bustling commercial district offers excellent opportunities for businesses seeking a strong presence in Evansville. The flexible layout caters to a variety of retail uses, making it an ideal choice for businesses looking to establish or expand their operations. This property presents a prime opportunity to thrive in a thriving commercial area.

    Property Features for 2000 Covert Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,028 SF

    Unit(s) available at that property

    Space
    Suite A
    Size
    2,097 SF
    Space
    Suite B
    Size
    4,931 SF

    HighLights

    • Highly adaptable floor plan for tenant build‑out.
    • Abundant parking for staff and clients.
    • Prime location with excellent street visibility.
    • Large interior suitable for various business uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Free Phone Todd Cell Phone Store The Produce Patch Produce Market

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -87.5294238
    Latitude
    37.9558847

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    FAQs

    What type of property is this?
    Neighborhood center - 7,028 SF Retail Space, Ample Parking
    Where is this neighborhood center located?
    The property is located at 2000 Covert Ave Evansville, IN.
    What are key features of this property?
    This property features: Highly adaptable floor plan for tenant build-out.; Abundant parking for staff and clients.; Prime location with excellent street visibility.
    Request Owner's contact information
    2000 Covert Ave Evansville, IN 47714
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    Evansville, IN 47714
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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
    2000 Covert Ave Evansville, IN 47714
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