1020 Professional Blvd Evansville, IN 47714
For Lease
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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.
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Dr. Terrell Stoll Physician
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Dr. Richard A. Tibbals, MD Physician
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Michael D. Puricelli, MD Physician
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FYZICAL Therapy & Balance Centers Medical Clinic
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TERRELL LYN STOLL Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.