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Property profile & analytics

7925 Burch Park Dr Evansville, IN 47725-1787

  • Office Properties & Spaces
  • 5,496 SF
  • 2.41 lot acres
OFF-MARKET
Value Estimation
$410,000
Last Sale
Mar 23, 2025
Location Intelligence
Property ID
US31-0935495
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

  • Stage One Media & Marketing / Advertising Agency / Branding Agency

Property Details for 7925 Burch Park Dr

Year built
1978
Construction
WOOD
Lot size
2.41 lot acres
Property size
5,496 SF
Property type
Office Properties & Spaces
APN
82-04-28-002-486.006-019
APU
820428002486006019

Description

This exceptional two-story office building, situated on a 2.41-acre lot in Evansville, Indiana, presents a compelling investment opportunity. Boasting 5,376 square feet of well-appointed space, this traditional office building is priced at $530,000, or $98.59 per square foot. Constructed in 1978, the property features twelve private offices, a conference room, a training room, and two restrooms and kitchenettes on each floor. The building is conveniently located on Burch Park Drive, offering easy access to Highway 41 and State Road 57, just minutes from the Evansville Regional Airport. The property's zoning is M-1, and the building itself is a 30' x 40' steel structure with a finished interior and central HVAC. The assessed property number (APN) is 82-04-28-002-486.006-019. The building is ready for occupancy on August 16, 2024. This property is perfect for a business seeking a well-established and conveniently located office space in a thriving area of Evansville. The ample square footage and numerous private offices provide flexibility for a variety of business needs. The strategic location ensures easy access for employees and clients alike. Don't miss this chance to acquire a valuable commercial property in a desirable location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $365,000
  • CAP approach

    CAP return
    Estimation
    6%
    $420,000
    6.5%
    $395,000
    7%
    $480,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $425,000
    Geo Method
    $490,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $460,000
    Retail
    $510,000
    Mixed-Use
    $410,000
    Hospitality
    $495,000
    Educational
    $495,000
    Residential Income
    $455,000
    Energy
    $445,000
    Income-Based Land
    $415,000
    Food Service
    $420,000

Location Insight

  • Map
  • Local Demand
City
Evansville
County
Vanderburgh
State
Indiana
Longitude
-87.5371
Latitude
38.0507
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
$5,441
$76,700
$172,100
$248,800
-
$76,700
$172,100
$248,800
More about this property
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