2616 Grn Riv Rd Evansville, IN 47715-6718
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.
-
Bionic Prosthetics & Orthotics Orthotics & Prosthetics Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.