Financial
Distress signals
Property profile

2551 Stringtown Rd Evansville, IN 47711

OFF-MARKET
Other commercial real estate
Property ID
US31-0035832
6,000 SF 0.43 ac lot Built 1984
Last sale Mar 2021 · $225,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 2551 Stringtown Rd is a flex building with 6,000 SF of total building area, including approximately 4,000 SF of finished, office-configured space and approximately 2,000 SF of air-conditioned storage or technology work space. The building includes one overhead door and the office portion is designed with LED lighting. It is located on a 0.43-acre lot and is zoned C-4, with 25 parking spaces. The site is approximately 0.2 miles from Diamond Avenue and about 1.1 miles from Highway 41, providing access to nearby arterial and highway routes.

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?
$5k
Tax billed · 2023
Assessed value$144k
Assessed land$38k
Assessed improvement$106k
Effective rate3.17%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$205k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency12.3
Law Firm11.2
Pharmacy9.5

Location

2551 Stringtown Rd Evansville, IN 47711-3372
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales 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
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
1150 Maxwell, Evansville, IN 47711-3970 $235,000 Mar 2020 10,152 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
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