Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2014 2022nd W Pennsylvania St Evansville, IN 47712

    • Manufacturing properties
    • 86,048 SF
    • 2.40 lot acres
    OFF-MARKET
    Value Estimation
    $765,000
    Location Intelligence
    Property ID
    US31-1282852
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 2014 2022nd W Pennsylvania St

    Year built
    1966
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.40 lot acres
    Property size
    86,048 SF
    Property type
    Manufacturing properties
    APN
    82-05-25-030-055.006-029
    APU
    820525030055006029

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $925,000
      6.5%
      $875,000
      7%
      $1,015,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $910,000
      Geo Method
      $845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $885,000
      Retail
      $930,000
      Mixed-Use
      $960,000
      Hospitality
      $865,000
      Educational
      $950,000
      Residential Income
      $865,000
      Energy
      $1,035,000
      Income-Based Land
      $805,000
      Food Service
      $795,000

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5949
    Latitude
    37.9773
    CBSA code
    21780
    CBSA name
    EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,106
    $130,900
    $849,800
    $980,700
    -
    $130,900
    $849,800
    $980,700

    Comparable in this City

    • Value Estimation
      $610,000
      67,733 SF

      2301 Maryland St

      MANUFACTURING (LIGHT) • 67,733 SF
      2301 Maryland St, Evansville, IN 47712-5301
      View Details
    • Value Estimation by Request
      22,756 SF

      2404 Lloyd Expy

      MANUFACTURING (LIGHT) • 22,756 SF
      2404 Lloyd Expy, Evansville, IN 47712
      View Details
    • Value Estimation
      $640,000
      66,498 SF

      700 Schrader Dr

      MANUFACTURING (LIGHT) • 66,498 SF
      700 Schrader Dr, Evansville, IN 47712-4970
      View Details
    • Value Estimation by Request
      186,524 SF

      2201 Maryland St

      MANUFACTURING (LIGHT) • 186,524 SF
      2201 Maryland St, Evansville, IN 47712-5365
      View Details
    • Value Estimation by Request
      87,912 SF

      1901 Maryland St

      MANUFACTURING (LIGHT) • 87,912 SF
      1901 Maryland St, Evansville, IN 47712-5339
      View Details
    • Value Estimation
      $700,000
      128,415 SF

      10 11th Ave

      MANUFACTURING (LIGHT) • 128,415 SF
      10 11th Ave, Evansville, IN 47712-5020
      View Details

    Similar Nearby for Sale

    • $999,000
      1.40 Acres

      Prime Evansville Industrial Property

      Three-building warehouse, great location.
      501 9Th Ave, Evansville, IN 47712
      View Details
    • $850,000
      6,500 SF

      Evansville Industrial Property Near Manufacturers

      Industrial property near major manufacturers, renovated in 2021.
      3400 Claremont Ave, Evansville, IN 47712
      View Details
    • $250,000
      5.58 Acres

      Evansville Land: Multifamily Potential

      Wooded 5.58-acre lot; R-1 zoning.
      344 Red Bank Rd, Evansville, IN 47712
      View Details
    • $750,000
      3,918 SF

      Prime Evansville Office Building

      Class A Office, Vacant, 3,918 SF
      4905 University Dr, Evansville, IN 47712
      View Details
    • $2,600,000
      15,250 SF

      Evansville Retail Center For Sale

      Fully occupied retail center in a high-traffic Evansville location.
      5225 Pearl Dr, Evansville, IN 47712
      View Details
    • $62,929
      0.58 Acres

      Evansville Residential Land Opportunity

      Spacious level lot on Evansville's West Side.
      6007 Sarabeth Ln, Evansville, IN 47712
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      23,000 SF

      Rehabbed Industrial Space with Cranes

      23,000 SF industrial space featuring multiple cranes.
      651 Schrader Dr, Evansville, IN 47712
      View Details
    • $12 SF/Yr
      16,440 SF

      Claremont Ave. Industrial Space

      Evansville Warehouse/Flex Space Available
      3250 Claremont Ave, Evansville, IN 47712
      View Details
    • $15 SF/Yr
      25,159 SF

      Prime Evansville Retail Space

      Thriving Westside location, multiple suites available
      5435 Pearl Dr, Evansville, IN 47712
      View Details
    • $20 SF/Yr
      3,520 SF

      Evansville Retail Space Available

      Prime location, 1,500 sq ft, $2,500/month
      2314 Franklin St, Evansville, IN 47712
      View Details
    • $5 SF/Yr
      6,804 SF

      Evansville Retail Spaces For Lease

      Prime Evansville location, multiple spaces available.
      700 Sonntag Ave, Evansville, IN 47712
      View Details
    • $16 SF/Yr
      24,124 SF

      Prime Retail Space on Pearl

      High-visibility retail space near Lloyd Expressway and USI campus.
      5625 Pearl Dr, Evansville, IN 47712
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2014 2022nd W Pennsylvania St
    Evansville, IN 47712
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.