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

    2021 Old 41st Hwy Evansville, IN 47711

    • Hotels
    • 6,168 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    Jul 12, 2021
    Location Intelligence
    Property ID
    US31-1109467
    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

    • Hotels

    Property Details for 2021 Old 41st Hwy

    Year built
    1941
    Construction
    WOOD
    Lot size
    0.47 lot acres
    Property size
    6,168 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    82-06-16-017-016.027-027
    APU
    820616017016027027

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5406
    Latitude
    37.9963
    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
    $5,233
    $41,000
    $124,000
    $165,000
    -
    $41,000
    $124,000
    $165,000

    Comparable in this City

    • Value Estimation
      $340,000
      4,002 SF

      1719 Fares Ave

      HOTEL/MOTEL • 4,002 SF
      1719 Fares Ave, Evansville, IN 47711
      View Details
    • Value Estimation
      $700,000
      25,916 SF

      4201 Hwy 41st N

      HOTEL/MOTEL • 25,916 SF
      4201 Hwy 41st N, Evansville, IN 47711
      View Details
    • Value Estimation by Request
      71,362 SF

      3803 Hwy 41st N

      HOTEL/MOTEL • 71,362 SF
      3803 Hwy 41st N, Evansville, IN 47711
      View Details
    • Value Estimation
      $335,000
      10,948 SF

      1801 Fares Ave

      HOTEL/MOTEL • 10,948 SF
      1801 Fares Ave, Evansville, IN 47711
      View Details
    • Value Estimation
      $395,000
      5,271 SF

      2221 Fares Ave

      HOTEL/MOTEL • 5,271 SF
      2221 Fares Ave, Evansville, IN 47711-3956
      View Details
    • Value Estimation
      $325,000
      1,254 SF

      3460 Manhattan Blvd

      HOTEL/MOTEL • 1,254 SF
      3460 Manhattan Blvd, Evansville, IN 47711-7909
      View Details

    Similar Nearby for Sale

    • $1,900,000

      Renovated Motel Near Regional Airport

      102-unit motel with recent renovations and rebranding potential.
      4201 Highway 41 N, Evansville, IN 47711
      View Details
    • $399,000
      1.30 Acres

      Prime Evansville Commercial Property

      High-traffic location, 15,360 sq ft, 1.3 acres
      840 Diamond Ave, Evansville, IN 47711
      View Details
    • $1,000,000
      23.77 Acres

      Evansville Land: 23 Acres Development Ready

      Prime 23-acre site, ideal for mixed-use development.
      2600 Oak Hill Rd, Evansville, IN 47711
      View Details
    • $335,000
      1.29 Acres

      Evansville Commercial Land - $335K

      1.29-Acre M-2 Zoned Lot, High Visibility
      0 Highway 41, Evansville, IN 47711
      View Details
    • $379,888
      10.00 Acres

      Evansville Development Land Opportunity

      10.9-acre parcel with development potential on Evansville’s Northside.
      4821 Stringtown Rd, Evansville, IN 47711
      View Details
    • $1,500,000

      Mixed-Use Investment Portfolio For Sale

      Four-property portfolio with restaurant, retail, apartments, and parking.
      605-617 N Main St, Evansville, IN 47711
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      35,000 SF

      The Crossing: Evansville Office Suites

      Prime Evansville office space, multiple suites available.
      701 Weinbach Ave, Evansville, IN 47711
      View Details
    • Contact for pricing
      136,704 SF

      Diamond Ave Industrial Property

      136K SF Manufacturing/Warehouse
      955 Diamond Ave, Evansville, IN 47711
      View Details
    • $190 SF/Yr
      3,966 SF

      Evansville Creative Office Space

      Renovated 3,966 SF Office/Retail Space
      2303 Morgan Ave, Evansville, IN 47711
      View Details
    • $295 SF/Yr
      948 SF

      Office Space in Business District

      Office suite in a business district with utilities included.
      1525 N Heidelbach Ave, Evansville, IN 47711
      View Details
    • $12 SF/Yr
      2,100 SF

      Office Space Near Lloyd Expressway

      Office space for lease with high visibility and open layout.
      1338-1340 E Division St, Evansville, IN 47711
      View Details
    • $6 SF/Yr
      1,860 SF

      Evansville Office Space For Rent

      Office space for rent on the west side of Evansville.
      2651 W Oregon St, Evansville, IN 47711
      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.
    2021 Old 41st Hwy
    Evansville, IN 47711
    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.