1416 Meyer Ave Evansville, IN 47710
For Lease
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This exceptional 8,150-square-foot distribution facility, located at 1416 Meyer Avenue in Evansville, Indiana, presents a rare opportunity. Built in 2010, this single-story building boasts a 12-foot ceiling height, ideal for efficient warehousing and logistics operations. The property features 26 loading docks, significantly enhancing operational capacity and streamlining the shipping and receiving process. Its strategic location within the Northside submarket of Evansville, Vanderburgh County, offers excellent access to major transportation routes. The property is zoned M-2, allowing for versatile usage, and includes the unique advantage of being a cross-dock facility, further optimizing workflow. Currently, one space is available for lease, offering a sublease opportunity extending through December 31, 2027. The monthly lease price is $500 per dock, and it's important to note that utilities, property expenses, and building services are not included in the lease rate. This property is perfect for businesses seeking a well-equipped, strategically located distribution center in the Evansville area. The property's zoning also allows for outside storage, adding to its functional versatility.
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AAA Cooper Transportation Trucking Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.