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    1020 Professional Blvd Evansville, IN 47714

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    1020 Professional Blvd Evansville, IN 47714


    • Medical Office Space
    • 28,974 SF
    • 2.57 lot acres
    Evansville Medical/Professional Office Space For Lease
    $805,000
    28,974 SF

    Evansville Medical/Professional Office Space

    Medical/professional office space available for lease or sale in Evansville.

    1020 Professional Blvd, Evansville, IN 47714
    View Listing
    Property ID
    US31-1221384
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $805,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Terrell Stoll / Physician
    • Dr. Richard A. Tibbals, MD / Physician
    • Michael D. Puricelli, MD / Physician
    • FYZICAL Therapy & Balance Centers / Medical Clinic
    • TERRELL LYN STOLL / Physician

    Property Details for 1020 Professional Blvd

    Year built
    1995
    Construction
    WOOD
    Lot size
    2.57 lot acres
    Property size
    28,974 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    82-06-35-016-096.020-027
    APU
    820635016096020027

    Description

    This exceptional Class A medical office building, located at 1020 Professional Blvd in Evansville, Indiana, presents a unique opportunity. The entire 28,974 square foot building is currently available for lease or sale. Built in 1996, this two-story structure boasts 102 parking spaces and convenient elevator access. The minimum divisible space is 3,500 square feet, while the maximum contiguous space available is the entire building. The property sits on 2.57 acres of land and is zoned CO-2. Its prime location offers excellent visibility and accessibility, situated near major medical facilities including Ascension St. Vincent Hospital, DaVita Dialysis, St. Vincent Surgicare, Merit Dental, and Dermatology Associates of Indy. The property features one suite and is ideal for a single large tenant or multiple smaller tenants seeking a collaborative environment. The property's APN is 82-06-35-016-096.020-027 and is located in Vanderburgh County, Indiana, zip code 47714. This is a rare opportunity to acquire a fully vacant, high-quality medical office building in a thriving medical corridor. The building's size and amenities make it suitable for a wide range of medical and professional office uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $595,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,015,000
      Market price range: $481k - $1.76M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,140,000
      Current use
      INDUSTRIAL (GENERAL)
      $1,195,000
      Change: +5% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $960,000
      Change: -16% Conversion: Difficult
      WAREHOUSE, STORAGE
      $920,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.4993
    Latitude
    37.9611
    CBSA code
    21780
    CBSA name
    EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,622
    $289,700
    $1,085,600
    $1,375,300
    -
    $289,700
    $1,085,600
    $1,375,300
    View Listing
    More about this property
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