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    501 N 9Th Ave Evansville, IN 47712

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    501 N 9Th Ave Evansville, IN 47712


    • Warehouses
    • 18,329 SF
    • 0.63 lot acres
    West-side Industrial Space For Sale For Sale
    $800,000

    West-side Industrial Space For Sale

    Industrial space currently operating as Napa Auto Parts with leaseback.

    501 N 9th Ave, Evansville, IN 47712
    View Listing
    Property ID
    US31-1076705
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Current Use by Public Records

    • Warehouses

    Property Details for 501 N 9Th Ave

    Year built
    1919
    Construction
    WOOD
    Lot size
    0.63 lot acres
    Property size
    18,329 SF
    Property type
    Warehouses
    APN
    82-05-24-030-020.001-029
    APU
    820524030020001029

    Description

    This exceptional investment opportunity presents a rare find in Evansville, Indiana's thriving west side industrial market. The property, located at 501 N 9th Ave, encompasses a substantial 1.4-acre lot and features three single-story buildings constructed in 1940. Currently operating as a Napa Auto Parts store, the property is zoned M-3, allowing for a variety of industrial and potentially retail uses. The buildings offer one dock-high door for efficient loading and unloading. The asking price is $999,000. The current tenant, Napa Auto Parts, is willing to sign a two-year leaseback agreement at a monthly net-net-net (NNN) rent of $7,500, providing immediate cash flow for the new owner. Alternatively, the owner is open to relocating their business sooner, offering flexibility to the buyer. The property's Assessed Parcel Numbers (APNs) are 82-05-24-030-020.001-029, 82-05-24-030-020.002-029, and 82-05-24-030-022.001-029. This presents a unique chance to acquire a well-located, established industrial property with strong potential for future growth and income. The property is situated in Vanderburgh County, Indiana, with a convenient Evansville address and zip code 47712.


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    Location Insight

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    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5916
    Latitude
    37.9827
    CBSA code
    21780
    CBSA name
    EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,894
    $54,900
    $225,500
    $280,400
    -
    $54,900
    $225,500
    $280,400
    View Listing
    More about this property
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