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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Retail space
511 Boonville New Harmony Rd Evansville, IN 47725-1102
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US31-1093610
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Construction
TYPE NOT SPECIFIED
Total area
13,334 SF
Lot
1.69 ac (73,486 SF)
Zoning code
1
APN
82-04-17-009-352.001-030
UPID
US31-1093610
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.50M
Owner & transaction history
Lck Family LLC · 2 yrs held
Lck Family LLC
since 2023
4 recorded transactions
Zoning & alternative use
1 · Evansville, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Evansville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Evansville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$112 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$40,222
Tax year 2023
Assessed value
$1,614,300
Assessed 2023
Previous assessed
$1,614,300
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$734,900
Assessed improvement
$879,400
Land market value
$734,900
Improvement market value
$879,400
Total market value
$1,614,300
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2010
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
13,334 SF
Lot
1.69 ac (73,486 SF)
Zoning code
1
APN
82-04-17-009-352.001-030
UPID
US31-1093610
Jurisdiction
VANDERBURGH
Zoning & alternative use
1 · Evansville, IN
Zoning 1 · permitted uses
1 · Evansville, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Evansville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
1.69 ac
Current owner
From public records · entity-resolved
Lck Family LLC
Entity
Mailing address
1408 E FAYETTE AVE, EFFINGHAM, IL 62401
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2023
—
Lck Family LLC
Curry Park Evansville LLC
Special Warranty Deed
$2,677,112 · Washington Savings Bank
Jan 2, 2013
$4,412,000
Curry Park Evansville
Warren 41 Property North LLC
Warranty Deed
$3,100,000 · Key Bank NA
Mar 4, 2010
—
Warren 41 North Property LLC
Us41 LLC
Warranty Deed
$3,235,000 · First Financial Bank NA
Jul 27, 2009
—
Us41 LLC
Three I Properties LLC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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