Entity Owned Property summary
This exceptional investment opportunity presents a 75,000-square-foot, single-tenant industrial distribution center in Evansville, Indiana. The property, built in 2021, is situated on an 11.72-acre lot within the Vanderburgh Industrial Park, boasting 17 dock-high doors and ample parking (69 spaces). Currently leased to Frito-Lay, a credit tenant with an "A+" S&P Global Credit Rating, the property features a NNN lease with just under seven years remaining on the primary ten-year term,… including three five-year renewal options. The first renewal option includes a CPI increase. The building is of concrete tilt construction, including the access drive, employee parking, and truck loading areas. Its strategic location offers excellent interstate access via I-69 and I-64, placing major Midwest cities within a three-hour drive. The property's strong location within an established industrial corridor, alongside companies like Amazon and Graham Packaging, contributes to its high value and low vacancy potential. The asking price is $11,000,000, representing a 6.50% cap rate. The property is zoned M-2. This is an ideal investment for passive investors seeking minimal landlord responsibilities and strong returns. The property features a large concrete fenced/gated trailer parking area.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
5 recorded sales · 16 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 75,000 SF
- Lot area
- 11.72 ac
- Year built
- 2021
- Stories
- 1
- APN
- 82-04-01-009-277.015-030
- Assessed value · 2023
- $4,585,500
- Annual tax · 2023
- $114,252
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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