Financial
Distress signals
Property profile

1241 Metro Ave Evansville, IN 47715

FOR LEASE
Warehouses
Property ID
US31-3176086
4,000 SF 0.87 ac lot Built 2016
Last sale Feb 2016 · $85,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$356k
Assessed land$47k
Assessed improvement$308k
Effective rate3.17%

Value estimate

· Sep 2026
$80k
$72k – $88k
NOI build-up
Gross scheduled income$64k
Vacancy & credit loss−$4k
Operating expenses−$18k
NOI · 207,758.45% cap applied$42k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$41/SF
Submarket average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$20 – $61

Cap rate analysis

How does the asset earn?
207,758.45%
$42k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionVANDERBURGH

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.1
Daycare Center8.9
Dry Cleaner8.8

Location

1241 Metro Ave Evansville, IN 47715
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2500 Kotter, Evansville, IN 47715-8511 $220,000 Nov 2021 4,320 SF
5100 Vogel, Evansville, IN 47715-7813 $5,200,000 Oct 2021 22,230 SF
2434 Kotter, Evansville, IN 47715-8509 $505,000 Jul 2021 6,000 SF
5007 Oak Grv, Evansville, IN 47715-2338 $600,000 Jun 2021 17,002 SF
5650 Oak Grv, Evansville, IN 47715-2351 $280,000 Mar 2021 6,370 SF
2340 Burkhardt, Evansville, IN 47715-2156 $1,160,000 Nov 2020 17,663 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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