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Property profile & analytics
OFF-MARKET
Retail space

5705 Morgan Ave Evansville, IN 47715-2319

13,500 SF 1.56 ac lot Built 1987
Entity Owned 1-yr Hold Free & Clear
Property ID
US31-0654198
Property summary
AI-generated overview

This exceptional 13,500-square-foot Class A warehouse, situated on a 1.56-acre lot at 5705 E Morgan Ave in Vanderburgh County, presents a compelling investment opportunity. Built in 1987, this single-story building boasts ample parking and five convenient drive-in bays, making it ideal for various industrial, distribution, or flex uses. Currently configured for multiple tenants, the property offers significant potential for owner-occupancy or further development as a multi-tenant facility. The M-2 zoning allows for a range of commercial and industrial applications. The property's high visibility on a major thoroughfare ensures excellent exposure. Adding to its appeal is a monthly billboard income of $250. The property features a total of 13,500 square feet across one building, and the APN is 82-06-13-017-170.002-027. This versatile space is ready for immediate occupancy or customization to suit specific business needs. The property's strategic location and flexible layout make it an attractive option for businesses seeking a prominent presence in a thriving area. Don't miss this chance to acquire a well-maintained, high-visibility warehouse with significant income potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Construction WOOD
Total area 13,500 SF
Lot 1.56 ac (67,866 SF)
APN 82-06-13-017-170.002-027
UPID US31-0654198
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
  • Kitchen Gallery LLC Hardware & Home Improvement Furniture & Home Goods
  • H & S Countertop Inc Kitchen & Bath Showroom Hardware & Home Improvement
  • Complete Design Services Architectural Designer Custom Home Builder
  • Mike Talbert Roofing Roofing Company General Contractor
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
F9 Properties LLC Fka Ano LLC · 1 yrs held
F9 Properties LLC Fka Ano LLC
since 2025
3 recorded transactions
2025
Price N/A
2016
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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