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    2500 North 1St Ave Evansville, IN 47710
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    Property profile & analytics

    2500 North 1St Ave Evansville, IN 47710


    • Grocery and convenience stores
    • 42,116 SF
    • 10.00 lot acres
    Prime Commercial Land for Lease For Lease
    $4,480,000

    Prime Commercial Land for Lease

    High-density commercial land available for lease in Evansville, Indiana.

    2500 North First Avenue, Evansville, IN 47710
    View Listing
    Property ID
    US31-3175814
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • EcoATM / Electronics Vending Machine / Atm
    • Walmart Pharmacy / Pharmacy
    • Walmart Neighborhood Market / Grocery & Convenience Store / Food Market
    • MoneyGram Money Transfer in Walmart / Bank / Credit Union
    • Walmart Home Theater Installation / Electrical Service / General Contractor

    Property Details for 2500 North 1St Ave

    Year built
    2015
    Construction
    TYPE NOT SPECIFIED
    Lot size
    10.00 lot acres
    Property size
    42,116 SF
    Property type
    Grocery and convenience stores
    APN
    82-06-18-034-413.001-020
    APU
    820618034413001020

    Description

    This 1.33-acre commercial land parcel presents a rare investment opportunity. Situated on a hard corner outparcel of a busy Walmart Neighborhood Market in Evansville, Indiana, this property boasts exceptional visibility and accessibility. The location is high-density, with over 60,000 people residing within a three-mile radius. The high-traffic intersection of First and West Diamond Avenues sees over 40,000 vehicles per day, further enhancing its commercial potential. A signalized entry ensures convenient access for customers and employees. The property's strategic location places it near numerous national restaurants and retailers, including Long John Silver's, Popeye's, Wendy's, McDonald's, Dollar Tree, Save A Lot, and Target, creating a vibrant and established commercial environment. The property is zoned for commercial use (verification required) and offers significant development potential for a variety of businesses seeking high visibility and convenient access to a large customer base. The address is 2500 N First Ave, Evansville, IN 47710, in Vanderburgh County. This exceptional location and high traffic count make this a prime opportunity for investors and developers seeking a strong return on investment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,365,000
      Market price range: $1.84M - $4.37M
      AI Estimate
      $4,086,000
      Market price range: $1.57M - $4.09M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5757
    Latitude
    38.0027
    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
    $104,787
    $653,700
    $2,650,000
    $3,303,700
    -
    $653,700
    $2,650,000
    $3,303,700
    View Listing
    More about this property
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