Property profile

5115 Oak Grv Rd Evansville, IN 47715

OFF-MARKET
Retail space
Property ID
US31-0741758
13,502 SF 2.18 ac lot Built 1973
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

A two-story mixed-use building located on Oak Grove Road in Evansville, Indiana, formerly operated as Reikens Foot Comfort World and configured for office, retail, or industrial use. The first floor contains 12,452 square feet and includes a large retail showroom, three laboratories, three stock rooms with 8-foot shelving, five women’s restrooms, three men’s restrooms, one freight elevator rated for 5,000 pounds, two 10-foot tall ground-level overhead doors, one sunken well with a 10-foot overhead door, and 600 amp 3-phase electric service; the building also has Cat5 cabling throughout. The second floor provides 9,680 square feet with one women’s restroom, one men’s restroom, eight offices, five classrooms or offices, and one kitchenette or breakroom.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Construction WOOD
Total area 13,502 SF
Lot 2.18 ac (94,874 SF)
APN 82-06-24-017-159.017-027
UPID US31-0741758

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy Clothing & Fashion Store
  • Warehouse & Storage

Location

5115 Oak Grv Rd Evansville, IN 47715-2340
Evansville metro Census 10101 EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2026
3 recorded transactions
2026
Price N/A
2018
Price N/A
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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