You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Auto shops

315 Fares Ave Evansville, IN 47711-5703

3,600 SF 0.5 ac lot Built 1978
Entity Owned 1-yr Hold Free & Clear
Property ID
US31-1187783
Property summary
AI-generated overview

This exceptional commercial property, located at 315 N Fares Ave in Evansville, Indiana, presents a unique investment opportunity. The property consists of two buildings totaling 4,128 square feet on a 0.5-acre lot (APN: 82-06-21-024-071.015-029). Built in 1978 and extensively renovated in 2023, this traditional office space offers two units and boasts a prime location directly adjacent to Highway 41, ensuring high visibility and excellent signage opportunities. The property's history as a car lot provides ample parking. The main office building underwent a complete renovation within the last year, featuring updated interiors. The roof is only six years old, and the exterior was painted four years ago, minimizing immediate maintenance needs. An additional detached garage offers valuable extra storage space. The property is zoned C-4, allowing for a variety of commercial uses. This property is ideal for businesses seeking a combination of office space, storage, and high visibility in a bustling Evansville location. The asking price is $369,900.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1978
Construction WOOD
Total area 3,600 SF
Lot 0.5 ac (21,780 SF)
APN 82-06-21-024-071.015-029
UPID US31-1187783
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
  • Royal Deal Vehicle Sales Car Dealership
  • Everlasting Floors and Solutions General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Us Incubator LLC · 1 yrs held
Us Incubator LLC
since 2025
2 recorded transactions
2025
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 315 Fares Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message