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Property profile

1122 Hirschland Rd Evansville, IN 47715

OFF-MARKET
Strip malls
Property ID
US31-3257645
8,974 SF 1.36 ac lot Built 2019
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A, 9,190-square-foot executive office building, constructed in 2020, is situated on a 1.36-acre lot in Evansville, Indiana's desirable Promenade submarket. The single-story building features 74 parking spaces and is zoned C-4, offering significant flexibility for various business types. Currently, 1,250 square feet of interior space is available for lease within this multi-tenant building. Located at 1122 Hirschland Rd, 47715, this property boasts a highly visible location at the entrance to The Promenade, directly across from Fresh Thyme Farmers Market. Existing tenants include Wasabi Hibachi Grill and Spectrum Communications, creating a vibrant and established commercial environment. The property offers a "vanilla box" space, allowing for complete customization to suit individual business needs. This prime location within Vanderburgh County provides excellent access to a thriving retail and residential community. The ample parking and high visibility make this an ideal opportunity for retailers, restaurants, medical offices, or any business seeking a prominent presence in a rapidly growing area. The building's modern design and convenient amenities ensure a productive and attractive workspace.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2019
Construction WOOD
Total area 8,974 SF
Lot 1.36 ac (59,459 SF)
APN 82-07-19-014-204.001-027
UPID US31-3257645

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Telecommunications Service Data Center
  • Telecommunications Service Data Center

Location

1122 Hirschland Rd Evansville, IN 47715-8273
Evansville metro Census 10101 EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2020
Price N/A
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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