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Property profile & analytics
OFF-MARKET
Warehouses

921 Park St Evansville, IN 47710-1847

17,400 SF 1.35 ac lot Built 1992
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US31-0815173
Property summary
AI-generated overview

This exceptional 20,000-square-foot industrial property, located at 921 Park St, Evansville, IN 47710, presents a unique investment opportunity. The single, two-story building, constructed in 1987 and renovated in 2015, offers a flexible layout suitable for various uses, including manufacturing, warehousing, R&D, flex space, traditional office, and coworking. Currently, 15,000 square feet of space is available, with contiguous units ranging from 2,000 to 6,000 square feet. The property features two loading docks and two dock-high doors, providing convenient access for loading and unloading. Eight parking spaces are available for employees and visitors. The building boasts a large, open warehouse area with heating, moderate cooling, 480v three-phase power, automatic lighting, and convenient dock access. Upstairs, there is included office space equipped with internet, heating, and air conditioning. The property is zoned for manufacturing and situated in the Evansville, IN submarket within Vanderburgh County. This Class C property offers a compelling blend of functionality and adaptability, making it an ideal choice for businesses seeking versatile and well-equipped industrial space. The property is located near the intersection of Park St and Maryland.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1992
Construction WOOD
Total area 17,400 SF
Lot 1.35 ac (58,980 SF)
APN 82-05-24-028-033.001-029
UPID US31-0815173
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
  • Midwest Motion Inc Production Facility
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
921 Park LLC · 9 yrs held
921 Park LLC
since 2017
3 recorded transactions
2022
Price N/A
2021
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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