Financial
Distress signals
Property profile

1150 Maxwell Ave Evansville, IN 47711

FOR SALE
Other commercial real estate
Property ID
US31-1235975
10,152 SF 0.65 ac lot Built 1950
Last sale Mar 2020 · $235,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property consists of two commercial buildings sharing a common yard in central Evansville, with convenient access to Highway 41. The combined building area exceeds 20,000 square feet and includes approximately 14,000 square feet of outdoor yard space suitable for storage and other operational uses. Building A at 1150 Maxwell Ave is configured for manufacturing, fabrication, or warehouse use and contains 10,152 square feet of interior space plus a 3,737 square foot canopy; it includes 2,880…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$564k
Assessed land$24k
Assessed improvement$540k
Effective rate3.17%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$290k
NOI build-up
Gross scheduled income$295k
Vacancy & credit loss−$19k
Operating expenses−$83k
NOI · 19.47% cap applied$193k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$55/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$25 – $84

Cap rate analysis

How does the asset earn?
19.47%
$193k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionVANDERBURGH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.7
Law Firm24.3
Restaurant13.5

Location

1150 Maxwell Ave Evansville, IN 47711
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1352 Division, Evansville, IN 47711-5971 $135,000 Aug 2024 6,300 SF
410 Indiana, Evansville, IN 47711-5523 $575,000 Jul 2024 11,712 SF
910 Keck, Evansville, IN 47711-3842 $300,000 Mar 2021 5,536 SF
2551 Stringtown, Evansville, IN 47711-3372 $225,000 Mar 2021 6,000 SF
220 222nd E Illinois, Evansville, IN 47711 $125,000 May 2020 4,288 SF
1217 Missouri, Evansville, IN 47711-5263 $23,250 Apr 2020 4,539 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message