864 Grn Riv Rd Evansville, IN 47715-4106
This exceptional 4,000 square foot single-tenant office space is ideally situated at 864 S Green River Rd in Evansville, Indiana, 47715. The property is part of a grocery-anchored outparcel, benefiting from high visibility and convenient access. Located in the thriving city of Evansville, the largest in Southern Indiana and the Illinois-Indiana-Kentucky tri-state area, this property offers a strategic location within a robust economic hub. Evansville boasts a diverse economy, including three NYSE-listed companies, and serves as a regional center for both public and private enterprises. The area's strong population base of over 911,000 provides a substantial market for businesses. The property's convenient location is further enhanced by its proximity to major attractions such as the Tropicana Evansville casino and the Mesker Park Zoo and Botanic Garden, as well as several educational institutions including the University of Evansville and the University of Southern Indiana. Its strategic position also offers easy access to four major U.S. cities within a 200-mile radius: Indianapolis, Nashville, Louisville, and St. Louis. This presents a unique opportunity for businesses seeking a high-profile location in a dynamic and growing market. The property is classified as a traditional office space and is suitable for a variety of uses. The single-tenant occupancy provides stability and ease of management. This is a prime opportunity for businesses seeking a well-located and functional office space in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.