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Property profile & analytics
OFF-MARKET
Medical Office Space

2616 Grn Riv Rd Evansville, IN 47715-6718

3,353 SF 0.45 ac lot Built 1998
Entity Owned 4-yr Hold Free & Clear
Property ID
US31-1073467
Property summary
AI-generated overview

This exceptional mixed-use property, located at 2616 S. Green River Rd in Evansville, Indiana, presents a compelling investment opportunity. The 3,353 square foot building, constructed in 1998, sits on a 0.45-acre lot and is zoned C-2, allowing for a variety of commercial uses. Currently operating as a single-tenant property, the building offers a modified lease with a remaining term of approximately 1.6 years, expiring June 30, 2026. The lease commenced May 3, 2021, with a total initial term of 5.2 years. The property features one building, one story, and is classified as Class C. Its strategic location on the east side of Evansville, near Pollack Avenue, places it within close proximity to numerous restaurants and shopping centers, ensuring high visibility and foot traffic. The property's address is 2616 S Green River Rd, Evansville, IN 47715, with APN 82-09-01-004-171.001-026. This is a single-unit property offering significant potential for investors seeking a strong return on investment in a vibrant commercial area. The asking price is $525,000.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1998
Construction WOOD
Total area 3,353 SF
Lot 0.45 ac (19,469 SF)
APN 82-09-01-004-171.001-026
UPID US31-1073467
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
Current use
Occupant on record · Public records
  • Bionic Prosthetics & Orthotics Orthotics & Prosthetics Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Slbb Orange LLC · 4 yrs held
Slbb Orange LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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