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Property profile & analytics

1101 Harmony Way Evansville, IN 47720-6143

  • Retail space
  • 1,407 SF
  • 0.15 lot acres
OFF-MARKET
Last Sale
Dec 26, 2023
Value Estimations
$260,000
Show details
Cap Rate Potential
7.4%
Retail space
Location Intelligence
Property ID
US31-0280180
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.

Current Use by Public Records

  • Harmony Pizza / Pizza Restaurant

Property Details for 1101 Harmony Way

Year built
1940
Construction
WOOD
Lot size
0.15 lot acres
Property size
1,407 SF
Property type
Retail space
APN
82-05-23-019-007.049-025
APU
820523019007049025

Description

This exceptional 1,407 square foot office building is ideally situated at 1101 Harmony Way in Evansville, Indiana, 47720. The property is zoned C-1, offering versatile usage potential. The building's interior features a spacious layout, perfect for a variety of office configurations. A significant highlight is a sizable loft/attic area measuring 36' x 19', presenting a substantial opportunity for expansion, whether for additional office space or valuable storage. This adaptable space adds considerable flexibility to the property's functionality. The asking price for this well-located Evansville office building is $148,500. Its prime location in Vanderburgh County provides easy access to key transportation routes and local amenities, making it an attractive investment opportunity for businesses seeking a functional and expandable workspace. The property's traditional office style offers a classic and established feel, while the potential for expansion ensures its suitability for future growth and adaptation to evolving business needs. This is a rare chance to acquire a well-maintained office building in a desirable location at a competitive price. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $260,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $320,000
    6.5%
    $295,000
    7%
    $275,000

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


Location Insight

  • Map
  • Local Demand
City
Evansville
County
Vanderburgh
State
Indiana
Longitude
-87.6121
Latitude
37.9878
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
$1,224
$12,700
$25,900
$38,600
-
$12,700
$25,900
$38,600
More about this property
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