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Property profile & analytics
OFF-MARKET
Banks

3251 Grn Riv Rd Evansville, IN 47715-1353

4,272 SF 1.32 ac lot Built 2006
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US31-3182910
Property summary
AI-generated overview

This exceptional 4,272 square foot commercial property, built in 2006, is ideally situated on a 1.32-acre lot at 3251 N Green River Rd, Evansville, IN 47715. Currently configured as a former bank branch, it offers versatile space suitable for a variety of office and retail uses. The property boasts a C-4 zoning designation and benefits from a high-traffic location at a signalized intersection. Major retailers such as Meijer, Schnuck's, and Menard's are nearby, ensuring significant foot and vehicle traffic. The area is experiencing robust growth due to substantial residential development to the north. The building features one story and is situated on a single lot (APN: 82-06-12-015-169.001-027). Note that the current bank tenant will lease back the ATM until December 12, 2024, and a banking use deed restriction will be in place at closing. This presents a unique opportunity to acquire a well-located property in a thriving commercial corridor of Evansville, Indiana. The asking price is $1,025,000.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2006
Construction WOOD
Total area 4,272 SF
Lot 1.32 ac (57,412 SF)
APN 82-06-12-015-169.001-027
UPID US31-3182910
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
  • Fifth Third Mortgage - Mandy Parsley Loan Service Bank
  • Fifth Third Bank & ATM Bank Loan Service
  • Fifth Third Preferred - Erin Fidler Financial Advisor
  • Fifth Third Securities - Adam Dellay Financial Advisor
  • Fifth Third Securities - Lawrence Taylor Financial Advisor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Standard Evansville LLC
Standard Evansville LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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