Industrial Properties in Evansville, Indiana, offer a unique opportunity for investors seeking to capitalize on the city's strong economic foundation. With a population of over 118,000, Evansville is a regional economic hub with a focus on trade, transportation, utilities, education, health services, and manufacturing. Industrial Properties in Evansville can represent a range of investments, from warehouses and distribution centers to manufacturing facilities and research and development spaces. These properties often feature amenities such as loading docks, cranes, and heavy power supply, making them ideal for businesses that require specialized infrastructure. Evansville's strategic location, with access to road, rail, water, and air transportation systems, makes it an attractive location for companies seeking to distribute goods and services regionally and nationally. The city's strong educational institutions, including the University of Evansville and the University of Southern Indiana, provide a skilled workforce, while its low cost of living and doing business make it an attractive location for companies seeking to relocate or expand. Additionally, Evansville's rich history, cultural attractions, and outdoor recreational opportunities make it a great place to live and work, attracting a diverse range of businesses and talent.
With 15 Industrial Properties for sale in Evansville, investors have a range of options to choose from. In addition to Industrial Properties, Evansville also offers a range of other property types, including Warehouses, which are ideal for businesses that require large storage spaces and easy access to transportation infrastructure. Land is also available for development, providing investors with the opportunity to build custom facilities that meet their specific needs. Apartment Buildings and Commercial Real Estate round out the range of property types available in Evansville, offering investors opportunities to diversify their portfolios and capitalize on the city's strong rental market. Whether you're seeking to invest in Industrial Properties, Warehouses, Land, Apartment Buildings, or Commercial Real Estate, Evansville offers a unique combination of economic, educational, and cultural attractions that make it an attractive location for businesses and investors alike.
What is the average price per square foot for industrial properties in Evansville?
The average price per square foot for industrial properties in Evansville is $90 USD per square foot, with 15 available listings ranging in size from 70,719 square feet to 456,941 square feet, offering a diverse range of options for businesses and investors.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Evansville, Indiana, as they impact the ease of doing business, logistics, and overall operational efficiency.
- Proximity to major transportation hubs, such as the Evansville Regional Airport, I-64, I-69, and U.S. Highway 41, can increase industrial property values by providing easy access to regional and national markets.
- The presence of public and private port facilities on the Ohio River, as well as the city's extensive rail network, can also boost property values by facilitating the transportation of goods and materials.
- In addition, industrial properties located near major employers and economic hubs, such as the University of Evansville and the University of Southern Indiana, may command higher values due to the potential for collaboration and access to a skilled workforce.
