Financial
Distress signals
Property profile

962 Neubling Ave Evansville, IN 47713

FOR SALE
Warehouses
Property ID
US31-0804439
13,775 SF 0.9 ac lot Built 1978
Last sale Oct 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This income-producing industrial property in Evansville, Indiana, offers 20,855 square feet of warehouse and distribution space across three leased units. Strategically located off I-69, S. Kentucky Ave., and Hwy 41, near Wolfe's Auto Auction, this property boasts two buildings on a 0.9-acre lot. The property features five dock-high doors and is zoned M-2. Unit A (6,000 sq ft) rents for $2,250/month, Unit B (7,775 sq ft) for $1,800/month, and Unit C (7,080 sq ft) for $2,500/month. Built in

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$391k
Assessed land$30k
Assessed improvement$361k
Effective rate3.17%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$300k
Vacancy & credit loss−$20k
Operating expenses−$84k
NOI · 19.93% cap applied$196k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$41/SF
Submarket average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$20 – $61

Cap rate analysis

How does the asset earn?
19.93%
$196k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionVANDERBURGH

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant9.7
Spa & Massage9.3
Clothing Store8.1

Location

962 Neubling Ave Evansville, IN 47713
County assessor Recorded deeds · 1 transfer Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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