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Property profile & analytics
OFF-MARKET
Warehouses

2800 St Joseph Ave Evansville, IN 47720

0.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents two outlot parcels, totaling 3.04 acres, situated in a high-traffic area of West Evansville, Indiana. The property boasts excellent visibility near the intersection of North Saint Joseph Avenue and West Diamond Avenue (State Route 66), experiencing over 36,000 vehicles daily. This prime location is strategically positioned within a thriving community, boasting a population exceeding 200,000 with average annual household incomes exceeding $67,000 within a 10-mile radius. The site offers significant advantages due to its proximity to established businesses and key demographics. Across the street is Parkview Care Center, a 108-bed nursing facility, and adjacent to Leisure Living, a 20-acre 55+ community. Available spaces include a 1.26-acre outlot, a 1.78-acre outlot, and building options of 20,000 and 5,000 square feet. The property is zoned for flexible use, accommodating various commercial ventures, including flex space, medical offices, and warehouse operations. This presents a unique chance to capitalize on a high-demand location with strong demographics and established neighboring businesses. The property's versatility and strategic positioning make it an ideal investment for developers and businesses seeking a prominent presence in a growing market.

Property profile
Verified
Property type Warehouses
Lot 0.5 ac (21,780 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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