917 W Indiana St Evansville, IN 47710
For Lease
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This exceptional 16,800-square-foot Class A industrial warehouse, located at 917 W Indiana Street in Evansville, Indiana, presents a unique investment opportunity. Built in 1952, this single-tenant property sits on a substantial 75-acre lot and is zoned C-4. The building features a single story with an impressive 18-foot ceiling height, providing ample vertical space for storage or operations. The property boasts two drive-in bays, perfect for efficient loading and unloading, and includes 15 total parking spaces. Its previous use as an Evansville Police Department garage with a drive-thru and wash bay makes it particularly well-suited for a maintenance shop, warehouse, or similar industrial application. The property is entirely vacant, offering immediate occupancy for a new tenant. Located in the Evansville submarket of Vanderburgh County, Indiana, with a zip code of 47710, this property offers excellent access to transportation routes and a strong local workforce. The expansive land area provides significant potential for future expansion or development. This is a rare opportunity to acquire a well-located, versatile industrial property in a thriving market.
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
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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.