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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
11901 Petersburg Rd Evansville, IN 47725-9259
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US31-1026109
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2021
Construction
WOOD
Total area
4,005 SF
Lot
3.12 ac (136,081 SF)
Zoning code
4
APN
82-04-15-009-426.001-030
UPID
US31-1026109
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bonkers Gas Station
-
Marathon Gas Gas Station
-
Hunt Brothers Pizza Restaurant
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Devparth INC · 14 yrs held
Devparth INC
since 2011
4 recorded transactions
Zoning & alternative use
4 · Evansville, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Evansville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Evansville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,873
Tax year 2023
Assessed value
$797,600
Assessed 2023
Previous assessed
$797,600
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$157,500
Assessed improvement
$640,100
Land market value
$157,500
Improvement market value
$640,100
Total market value
$797,600
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2021
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,005 SF
Lot
3.12 ac (136,081 SF)
Zoning code
4
APN
82-04-15-009-426.001-030
UPID
US31-1026109
Jurisdiction
VANDERBURGH
Zoning & alternative use
4 · Evansville, IN
Zoning 4 · permitted uses
4 · Evansville, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Evansville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Construction
WOOD
Heating
NONE
Stories
1
Lot
3.12 ac
Current owner
From public records · entity-resolved
Devparth INC
Entity
Mailing address
11901 PETERSBURG RD, EVANSVILLE, IN 47725-9259
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2025
—
Devparth INC
—
Deed
related
$399,360 · Field & Main Bank
Jan 8, 2021
—
Devparth INC
—
Deed
related
$2,200,000 · Field & Main Bank
Jul 26, 2017
—
Devparth INC
—
Deed
related
$577,500 · Old National Bank
Oct 7, 2011
—
Devparth INC
Califourt Properties LLC
Warranty Deed
$224,250 · Regions Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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