Property profile

2960 Covert Ave Evansville, IN 47714

OFF-MARKET
Turn key restaurants
Property ID
US31-1288160
4,222 SF 1.2 ac lot Built 1982
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1982
Construction WOOD
Total area 4,222 SF
Lot 1.2 ac (52,353 SF)
APN 82-06-34-017-087.034-027
UPID US31-1288160

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering
  • Gym & Fitness Center

Location

2960 Covert Ave Evansville, IN 47714-4033
Evansville metro Census 900 EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.44M

Owner & transaction history

since 2021
Last sale
$1.4M
1 recorded transaction
2021
$1.4M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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