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Property profile & analytics
OFF-MARKET
Medical Office Space

3524 1st Ave Evansville, IN 47710-3320

10,753 SF 1.66 ac lot Built 1997
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US31-0792134
Property summary
AI-generated overview

This single-tenant, 2,200 square foot medical office suite is located at 3524 N First Ave STE B, Evansville, IN 47710. Situated in a Class B building constructed in 1997 and renovated in 2024, this space offers a fresh and functional layout. The suite boasts nine individual offices, each conveniently equipped with sinks, perfect for a variety of medical practices or professional services. A welcoming reception area and a separate entry/exit enhance both patient and staff experience. An ADA-compliant bathroom is included for accessibility. The building offers ample parking with 44 total spaces. The property is zoned C-4 and features a single-story design within an 8,865 square foot building. The suite's recent renovation includes new paint and commercial-grade carpeting, creating a modern and inviting atmosphere. This prime location in the Evansville MSA offers easy access to First Avenue and provides a convenient setting for any business seeking a well-maintained and updated workspace. The APN is 82-06-07-034-290.004-020. This is a fantastic opportunity for a medical practice or other professional business seeking a move-in ready space.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1997
Construction WOOD
Total area 10,753 SF
Lot 1.66 ac (72,309 SF)
APN 82-06-07-034-290.004-020
UPID US31-0792134
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
  • Sun spa Alternative Medicine Practice Spa & Massage Center
  • St Mary's Pediatrics Pediatrician Medical Clinic
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
Jami LLC · 3 yrs held
Jami LLC
since 2023
4 recorded transactions
2023
Price N/A
2021
Price N/A
2017
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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