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    Property profile & analytics

    219 Franklin St Evansville, IN 47711

    • Grocery and convenience stores
    • 3,312 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $160,000
    Last Sale
    Mar 18, 2020
    $150,000
    Location Intelligence
    Property ID
    US31-0955355
    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

    • Xpress Mart I / Convenience Store
    • Valero / Gas Station
    • DigitalMint Bitcoin ATM / Financial Institution / Currency Exchange Service

    Property Details for 219 Franklin St

    Year built
    2020
    Construction
    WOOD
    Lot size
    0.78 lot acres
    Property size
    3,312 SF
    Property type
    Grocery and convenience stores
    APN
    82-06-20-025-045.009-029
    APU
    820620025045009029

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $175,000

    • CAP approach

      CAP return
      Estimation
      6%
      $120,000
      6.5%
      $120,000
      7%
      $120,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $115,000
      Geo Method
      $135,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $120,000
      Mixed-Use
      $140,000
      Hospitality
      $130,000
      Educational
      $115,000
      Residential Income
      $120,000
      Energy
      $110,000
      Income-Based Land
      $135,000
      Food Service
      $145,000

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5607
    Latitude
    37.9798
    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
    $14,606
    $67,600
    $392,900
    $460,500
    -
    $67,600
    $392,900
    $460,500

    Comparable in this City

    • Value Estimation
      $360,000
      3,200 SF

      2401 Morgan Ave

      CONVENIENCE STORE • 3,200 SF
      2401 Morgan Ave, Evansville, IN 47711-4419
      View Details
    • Value Estimation
      $320,000
      1,581 SF

      1921 Franklin St

      CONVENIENCE STORE • 1,581 SF
      1921 Franklin St, Evansville, IN 47711
      View Details
    • Value Estimation
      $330,000
      1,798 SF

      5817 Stringtown Rd

      CONVENIENCE STORE • 1,798 SF
      5817 Stringtown Rd, Evansville, IN 47711-1866
      View Details
    • Value Estimation
      $290,000
      912 SF

      2505 Stringtown Rd

      CONVENIENCE STORE • 912 SF
      2505 Stringtown Rd, Evansville, IN 47711-3362
      View Details
    • Value Estimation by Request
      4,324 SF

      2225 Fares Ave

      CONVENIENCE STORE • 4,324 SF
      2225 Fares Ave, Evansville, IN 47711-3956
      View Details
    • Value Estimation
      $310,000
      2,200 SF

      201 Louisiana St

      CONVENIENCE STORE • 2,200 SF
      201 Louisiana St, Evansville, IN 47711-5019
      View Details

    Similar Nearby for Sale

    • $299,000
      1,934 SF

      Retail Space on Corner Lot

      Retail space on corner lot near Highway 41.
      1929 E Morgan Ave, Evansville, IN 47711
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    • $275,000
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      C-Store Development Opportunity

      Corner lot near university and medical complex.
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    • $1,500,000

      Mixed-Use Investment Portfolio For Sale

      Four-property portfolio with restaurant, retail, apartments, and parking.
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    • $2,683,000
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      Historic Beaux Arts Building Downtown

      Four-story historic building in downtown Evansville with redevelopment potential.
      524-530 Main St, Evansville, IN 47711
      View Details
    • $350,000
      3,638 SF

      Former Restaurant on US Hwy 41

      3,638 SF building ideal for retail or restaurant use.
      4321 Highway 41 N, 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

    Similar Nearby for Lease

    • $10 SF/Yr
      2,780 SF

      Evansville Retail Building - 2780 SF

      Prime Evansville location, single-tenant retail space.
      2230 Fares Ave, Evansville, IN 47711
      View Details
    • $5 SF/Yr
      30,000 SF

      Lynch Road Warehouse Space Available

      30,000 SF Warehouse, Evansville Airport Area
      2800 Lynch Rd, Evansville, IN 47711
      View Details
    • Contact for pricing

      Evansville Retail Space on Morgan

      Prime retail location in Evansville, Indiana with high visibility.
      2300 East Morgan Ave, Evansville, IN 47711
      View Details
    • $150,000
      4,329 SF

      Fenced Lot with Storage Building

      Fenced gravel lot with storage building for lease.
      600 N Heidelbach Ave, Evansville, IN 47711
      View Details
    • $20 SF/Yr
      8,262 SF

      Retail Space Near Airport

      Customizable retail suites available near Evansville Regional Airport.
      4143 Highway 41 N, Evansville, IN 47711
      View Details
    • $7 SF/Yr
      1,530 SF

      Retail/Office Space on Corner Lot

      Retail or office space with high visibility and ample amenities.
      2000-2016 E Morgan Ave, Evansville, IN 47711
      View Details
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    219 Franklin St
    Evansville, IN 47711
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    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
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