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Property profile

1625 St George Rd Evansville, IN 47711

OFF-MARKET
Warehouses
205,982 SF Built 1943
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Property summary

AI-generated overview

This exceptional industrial property, located at 1625 St George Rd in Evansville, Indiana, offers a significant opportunity for businesses seeking versatile manufacturing or warehouse space. The property encompasses a substantial 205,982 square feet across two stories, situated on a generous 16.16-acre lot. Built in 1943 and extensively renovated in 2019, the building boasts impressive features including ceiling heights ranging from 20 to 31 feet, providing ample vertical space for various operations. The property includes 18 dock-high doors and 2 drive-in doors, ensuring efficient loading and unloading. Ample parking is available with 76 surface spaces plus dedicated trailer parking. The property is zoned M2: General Industrial, allowing for a wide range of industrial uses. Power is a key feature, with heavy power available throughout the building. For added convenience, elevators are also present. Divisible spaces are available, with a minimum of 16,231 square feet and a maximum contiguous space of 28,432 square feet. The entire 205,982 square feet is currently vacant, presenting a unique opportunity for a single tenant or multiple occupants. The property's location in Vanderburgh County, Indiana, with a zip code of 47711, offers excellent access to transportation networks and a skilled workforce. The APN is 82-06-04-034-298.012-020.

Property profile

Verified
Property type Warehouses
Year built 1943
Total area 205,982 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1625 St George Rd Evansville, IN 47711
Evansville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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