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    OFF-MARKET Estimated value $3,410,000
    Grocery and convenience stores

    401 Boehne Cp Rd, Evansville, IN 47712-3136

    5,407 SF 1.6 ac lot Built 2000
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US31-1201629
    Property summary
    AI-generated overview

    This exceptional retail or restaurant space, totaling 5,407 square feet, is situated at 401 S Boehne Camp Rd in Evansville, Indiana, within the West Lloyd Expwy submarket cluster of Vanderburgh County. Currently, 2,887 square feet is available for lease. The property boasts a highly desirable location at the corner of W Lloyd Expressway and S Boehne Camp Rd, benefiting from very high traffic counts. Previously occupied by a Wendy's restaurant, this multi-tenant building offers a shared anchor position with a newly rebranded On the Fly gas station and convenience store. The space is zoned C-4 and features multiple drive-thru windows, presenting a unique opportunity for a quick-service restaurant or similar business. Some existing kitchen equipment remains in place. The property's APN is 82-05-28-007-473.001-024 and the zip code is 47712. This prime location offers excellent visibility and accessibility, making it an ideal investment for a business seeking high foot and vehicle traffic. The property's strategic placement ensures significant exposure to a large customer base. This is a rare opportunity to acquire a well-positioned commercial space in a thriving area of Evansville.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 2000
    Construction WOOD
    Total area 5,407 SF
    Lot 1.6 ac (69,740 SF)
    APN 82-05-28-007-473.001-024
    UPID US31-1201629
    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
    • On The Fly Gas Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.19M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.41M
    Owner & transaction history
    Gaint Indiana LLC · 4 yrs held
    Gaint Indiana LLC
    since 2021
    Last sale
    $3.5M
    2 recorded transactions
    2021
    $3.5M
    2013
    $2.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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