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Property profile & analytics
OFF-MARKET
Office Spaces
600 Weinbach Ave Evansville, IN 47711-5909
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US31-1004863
Property summary
AI-generated overview
This exceptional retail property, located at 600 N Weinbach Ave in Evansville, Indiana, offers 2,011 square feet of immediately available space. The property consists of a single-story building divided into multiple suites, with a minimum divisible space of 850 square feet and a maximum contiguous space of 1,161 square feet. Currently, all 2,011 square feet are vacant and ready for immediate occupancy. The property is zoned C4 and features ample on-site parking, supplemented by convenient street parking. Its strategic location north of the Lloyd Expressway and east of Highway 41 provides excellent visibility and accessibility, placing it in the heart of Evansville with major road frontage. The property's address is 600 N Weinbach Ave, Evansville, IN 47711, and its APN is 09-660-17-027-008. The building comprises nine individual structures, all single-story. This presents a unique opportunity for businesses seeking high-traffic exposure and convenient access for customers and employees. The property is situated in Vanderburgh County.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1986
Construction
WOOD
Total area
2,500 SF
Lot
3.66 ac (159,473 SF)
APN
82-06-21-017-027.008-027
UPID
US31-1004863
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
-
Online Member Directory (Bike/Boat/Book/etc) Store Corporate Office
-
Vector Marketing Evansville Advertising Agency Marketing & Advertising
-
Escape Evansville Arcade & Gaming Center Family Recreation Center
-
Rod Beck American Family Insurance Insurance Agency
-
Evansville Events Event Planning Wedding Service
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
We Businesses LLC · 4 yrs held
We Businesses LLC
since 2021
4 recorded transactions
Zoning & alternative use
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$44,342
Tax year 2023
Assessed value
$1,398,000
Assessed 2023
Previous assessed
$1,398,000
+0.0% YoY
Effective rate
3.17%
On assessed value
Assessed land
$282,200
Assessed improvement
$1,115,800
Land market value
$282,200
Improvement market value
$1,115,800
Total market value
$1,398,000
Applied tax rate
9.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Buildings
9
Stories
1
Total area
2,500 SF
Lot
3.66 ac (159,473 SF)
APN
82-06-21-017-027.008-027
UPID
US31-1004863
Jurisdiction
VANDERBURGH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
NONE
Stories
1
Buildings
9
Lot
3.66 ac
Current owner
From public records · entity-resolved
We Businesses LLC
Entity
Mailing address
1352 E DIVISION ST, EVANSVILLE, IN 47711-5971
Ownership since
2021
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
Dec 3, 2021
—
We Businesses LLC
Dh Investments Evansville LLC
Warranty Deed
$1,560,000 · Evansville Teachers FCU
Nov 22, 2021
—
We Businesses LLC
—
Deed
related
$450,000 · Ero LLC
Feb 11, 2016
—
Dh Investments Evansville LLC
Stald LLC
Warranty Deed
$1,050,000 · First Fsb
Dec 4, 2007
—
Verville Homes LLC
Prime Resources And Development In
Warranty Deed
$37,875 · Banterra Bank
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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