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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2800 St Joseph Ave Evansville, IN 47720

25,000 SF
Property ID
Property summary
AI-generated overview

This exceptional retail investment opportunity in Evansville, Indiana, presents co-tenancy and outlot spaces adjacent to a thriving Rural King store. Located at 2800 N St Joseph Ave, 47720, this property boasts a prime location near the intersection of North Saint Joseph Avenue and West Diamond Avenue (State Route 66), experiencing nearly 40,000 vehicles daily. The site offers a total of 25,000 square feet of vacant retail space, divisible into units as small as 5,000 square feet, with a maximum contiguous space of 20,000 square feet. Two outlots are available, measuring 1.26 acres and 1.78 acres respectively, providing flexibility for various development options. The property sits on a 3.04-acre lot within Vanderburgh County, benefiting from a strong demographic profile. Within a 10-mile radius, the population exceeds 117,000, with an average annual income of $62,000. Strategic adjacency to Parkview Care Center, a 108-bed nursing facility, and Leisure Living, a 20-acre 55+ community, further enhances the property's appeal and potential for sustained success. This is an ideal opportunity for businesses seeking high visibility and strong consumer traffic in a rapidly growing area.

Property profile
Verified
Property type Retail properties & Spaces
Total area 25,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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