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Property profile & analytics
FOR LEASE
Warehouses

2600 S Kentucky Ave Evansville, IN 47714

105,120 SF 15.45 ac lot Built 1974
Entity Owned 2-yr Hold Free & Clear
Property ID
US31-1048702
Property summary
AI-generated overview

This exceptional 105,120-square-foot warehouse, built in 1974, is available for lease. Situated on a 15.45-acre lot with extensive paved, fenced, and lighted yard space (15.80+/- acres), this single-story building offers 99,040 square feet of warehouse space and 6,080 square feet of climate-controlled office space. Features include 14-18-foot ceilings, concrete flooring, two loading docks, and 480V 3-phase power. The property boasts significant road frontage along Interstate 69 (2,800 feet) and Highway 41 (1,362 feet), providing excellent accessibility. The sprinkler system is wet, and the building is zoned C-4, with potential for upgrade to M2 zoning. The annual lease rate is $4.75 per square foot, NNN. Located just two miles from the new I-69 bridge, this property presents a prime opportunity for businesses seeking a large, well-maintained industrial space with exceptional visibility and convenient access to major transportation routes. The entire space is currently available, but the property is divisible (details available upon request). APN: 82-09-04-017-004.007-027.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Construction TYPE NOT SPECIFIED
Total area 105,120 SF
Lot 15.45 ac (673,019 SF)
APN 82-09-04-017-004.007-027
UPID US31-1048702
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.12M
Blend (final) Blend
$1.60M
Owner & transaction history
Rexing Land LLC · 2 yrs held
Rexing Land LLC
since 2023
3 recorded transactions
2023
Price N/A
2021
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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