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Property profile & analytics
FOR LEASE
Office Spaces

201 NW 4Th St Evansville, IN 47708

100,138 SF 2.15 ac lot Built 1890
Entity Owned 5-yr Hold Free & Clear
Property ID
US31-0507470
Property summary
AI-generated overview

This historic 1890 building, renovated in 1910, offers four available office suites in a prime downtown Evansville location. The property, situated at 201 NW 4th St, Evansville, IN 47708, boasts a total of 100,138 square feet across four suites within a single, four-story building on a 2.15-acre lot (APN: 82-06-30-020-025.001-029). Suite sizes range from 936 to 1,824 square feet. Ground level suites are available at a gross rate of $11 per square foot, while first, second, and third-floor suites are $12 per square foot. The building is zoned C-3 and offers nine total parking spaces. Its central downtown location, two blocks from Main Street and five blocks from the Evansville riverfront, provides excellent visibility and accessibility. High traffic counts of 2,323 AADT on the cross street, Court St, further enhance its desirability. This traditional office space presents a unique opportunity in a vibrant and established business district within Vanderburgh County.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1890
Construction TYPE NOT SPECIFIED
Total area 100,138 SF
Lot 2.15 ac (93,600 SF)
APN 82-06-30-020-025.001-029
UPID US31-0507470
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
  • Thomas Bernardin Film Film Production Television Studio
  • Vanderburgh County Veterans County Government Office
  • Vanderburgh County Engineering County Government Office
  • Into the Light Psychotherapist
  • City Social Events Event Planning Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.51M
Blend (final) Blend
$4.21M
Owner & transaction history
T & S Marshall Enterprises LLC · 5 yrs held
T & S Marshall Enterprises LLC
since 2020
7 recorded transactions
2021
Price N/A
2020
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
2018
$57,300
2017
$14,765
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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