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    Property profile & analytics

    5800 Spirit Trl Evansville, IN 47720

    • Theaters & concert halls
    • 2,916 SF
    • 9.51 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US31-1056253
    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.

    Current Use by Public Records

    • Theaters & concert halls

    Property Details for 5800 Spirit Trl

    Year built
    1948
    Construction
    WOOD
    Lot size
    9.51 lot acres
    Property size
    2,916 SF
    Property type
    Theaters & concert halls
    APN
    82-05-04-003-056.027-022
    APU
    820504003056027022

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.647
    Latitude
    38.0266
    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
    $0.00
    $167,900
    $81,500
    $249,400
    -
    $167,900
    $81,500
    $249,400

    Comparable in this City

    • Value Estimation by Request
      5,200 SF

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    • Value Estimation by Request
      5,472 SF

      Saint Joseph Rd

      THEATER (MOVIE) • 5,472 SF
      Saint Joseph Rd, Evansville, IN 47720
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    • Value Estimation
      $370,000
      7,496 SF

      4600 Saint Joseph Ave

      THEATER (MOVIE) • 7,496 SF
      4600 Saint Joseph Ave, Evansville, IN 47720-1214
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    • Value Estimation
      $360,000
      4,551 SF

      3500 Mesker Park Dr

      THEATER (MOVIE) • 4,551 SF
      3500 Mesker Park Dr, Evansville, IN 47720-1439
      View Details
    • Value Estimation
      $355,000
      5,000 SF

      3501 Mesker Park Dr

      THEATER (MOVIE) • 5,000 SF
      3501 Mesker Park Dr, Evansville, IN 47720-1438
      View Details
    • Value Estimation
      $305,000
      3,200 SF

      9737 New Harmony Rd

      THEATER (MOVIE) • 3,200 SF
      9737 New Harmony Rd, Evansville, IN 47720-8942
      View Details

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    • Contact for pricing
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      Industrial Property with Tenant Income

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    5800 Spirit Trl
    Evansville, IN 47720
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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