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    8401 N Kentucky Ave Evansville, IN 47725

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    8401 N Kentucky Ave Evansville, IN 47725


    • Strip malls
    • 31,005 SF
    • 3.31 lot acres
    Evansville Retail Space For Rent For Lease
    $12 SF/Yr
    8,003 SF

    Evansville Retail Space For Rent

    Retail space available, ranging from 2,400 to 8,003 SqFt.

    8401 N Kentucky Ave, Evansville, IN 47725
    View Listing
    Property ID
    US31-0802817
    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.

    Value Estimations
    $700,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Johnson Controls Inc. / Solar Energy Company
    • Comic Quest / (Bike/Boat/Book/etc) Store / Newspaper & Magazine
    • Sunrise Cafe Family restaurant / Restaurant
    • Madstache / Media Distribution
    • Percheron Acquisitions / Gas Company

    Property Details for 8401 N Kentucky Ave

    Year built
    1997
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.31 lot acres
    Property size
    31,005 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    82-04-28-002-660.011-019
    APU
    820428002660011019

    Description

    This exceptional single-story retail strip center, located at 8401 N Kentucky Avenue in Evansville, Indiana, presents a compelling investment opportunity. The property boasts a total of 31,005 square feet across two suites, situated on a generous 3.3-acre lot. Currently, there is 21,061 square feet of vacant space available, offering significant potential for expansion or lease to multiple tenants. The minimum divisible space is 2,400 square feet, while the maximum contiguous space available is 8,003 square feet, providing flexibility for various business needs. Built in 1997, the property is zoned M-2, allowing for a range of commercial uses. The convenient location at the cross streets of N Kentucky Avenue and E Mount Pleasant Road ensures high visibility and accessibility. The property's address is 8401 N Kentucky Ave, Evansville, IN 47725, and its parcel number is 82-04-28-002-660.011-019. This prime retail space offers a unique chance to establish or expand a business in a thriving Evansville market. The property's size and location make it ideal for a variety of retail concepts, offering substantial potential for return on investment. Don't miss this opportunity to secure a prominent retail presence in a high-demand area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $665,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $737,000
      Market price range: $616k - $1.45M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,030,000
      Current use
      WAREHOUSE, STORAGE
      $1,015,000
      Change: -1% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $975,000
      Change: -5% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5436
    Latitude
    38.0552
    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
    $30,046
    $280,900
    $1,093,000
    $1,373,900
    -
    $280,900
    $1,093,000
    $1,373,900
    View Listing
    More about this property
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