5115 Monroe Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

5115 Monroe Avenue

Evansville, IN 47715
Asking Price
Contact for price
Asset Type
Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Office building spanning 6,494 square feet of commercial space.
  • Property situated on an expansive 0.82-acre land parcel.
  • Zoning designation for the site is C-2 commercial.
  • Located within the growing Evansville, Indiana business market.
  • Versatile layout suitable for professional services or medical office use.

What's Special

Professional services or specialized medical practices will find this 6,494 square foot office building in Evansville, Indiana, well-suited for daily operations. Positioned on an expansive 0.82-acre lot, the property provides the necessary footprint for a variety of commercial functions. The site benefits from its location in a well-established regional economic hub, drawing from the diverse workforce and business activity characteristic of the Evansville metropolitan area. Zoned C-2, the facility offers flexibility for owners seeking to accommodate administrative, clinical, or client-facing operations. Its placement within this key Indiana market ensures accessibility to regional transit corridors and major local infrastructure. Prospective investors and business owners looking for a functional commercial space will find this asset represents a stable addition to a portfolio in the Ohio River Valley region, supporting long-term utility in a professional office environment.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times