Property profile

123 4th St Evansville, IN 47708

OFF-MARKET
Office Spaces
Property ID
US31-0911076
79,527 SF 0.27 ac lot Built 1908
Individually Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The Court Building, located at 123 NW 4th Street in Evansville, Indiana (zip code 47708), presents a unique opportunity for businesses seeking traditional office space in a prime downtown location. This Class B, seven-story building, constructed in 1908, boasts a total of 79,527 square feet. The building features two elevators and is conveniently situated between Vine and Sycamore Streets, offering easy access to the city's amenities. Multiple tenancy options are available, with spaces ranging from a minimum of 265 square feet to a maximum contiguous space of 10,528 square feet. Currently, seventeen individual suites are available. The property is zoned C-3 and its APN is 82-06-30-020-026.007-029. The building has undergone recent updates to meet modern business needs, while maintaining its historic charm and elegance, making it ideal for professional services firms. This single building offers a blend of classic architecture and contemporary functionality, providing a prestigious address in the heart of Evansville. The building's location provides convenient access to all parts of the city.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1908
Construction CONCRETE
Total area 79,527 SF
Lot 0.27 ac (11,700 SF)
APN 82-06-30-020-026.007-029
UPID US31-0911076

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
  • Financial Advisor
  • Law Firm Financial Advisor
  • Law Firm Financial Advisor
  • Law Firm
  • Law Firm

Location

123 4th St Evansville, IN 47708-1725
Evansville metro Census 1800 EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$350k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2022
Price N/A
2021
$9.8M
2013
$259,999

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 123 4th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message