2340 N Burkhardt Road

Industrial for Sale
Sale Pending
Catylist Listing ID: 30656675
Property Subtypes: Free-Standing, Light Industrial, Self Storage, Warehouse/Distribution
Status: Pending
Building Size (RSF): 17,672 SF
Gross Building Area: See Agent
Gross Land Area: 7.42 Acres
Sale Price: $1,160,000
Unit Price: $65.64 PSF
Ceiling: 20 ft.
Docks/Doors: 4 Docks
Office SF: 1,370 SF
Drive In Bays: 6 Bays
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Material Recycling INC.
Sale Terms: Cash to Seller
Last Updated: 10/28/2020

Overview / Comments

The property consists of a steel industrial building containing approximately 17,672 square feet with approximately 1,370 square feet of office space and 16,302 square feet of shop area. The building was originally constructed in 1999 with an addition of (3,663 square feet) in 2012 to the south side of the original building. The office area accounts for approximately 8% of the building area and features a small lobby/ receptionist area with a customer counter, three private offices, break room and a restroom. Electrical service is provided by 800-amp panel. There is a L-shaped mezzanine containing 1,700 SF for storage. There is a 4,000 square foot ancillary storage building constructed in 2003 to the south of the main building containing 4,000 SF and it is not included in the gross building area. This quonset hut building is steel frame construction with a concrete slab floor and over head doors on each end of the building. In addition there are two self-storage buildings to the east of the main building containing a total of 6,000 square feet (3,000 square feet per building) that can be used as supplementary income. The building are post framed construction with steel roofs and exteriors, each measuring 30' X 100' having a total of 48 storage units. The self-storage buildings were constructed in 2005.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $24,960 (Annual)

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Taxing Authority: Vanderburgh County
Tax ID/APN: 82-06-13-015-168.018-027
Zoning: M-1
Property Located Between: Morgan Avenue & Old Boonville Highway.
Highway Access: Lloyd Expressway, I-69, I-64 & Highway 41.
Airports: Evansville Regional Airport
Tenancy: Single Tenant
Total Number of Buildings: 4
Number of Stories: 1
Typical SF / Floor: 17,672 SF
Property Condition: Good
Year Built: 1999
Year Renovated: 2003
Roof Type: Gable
Construction/Siding: Metal Siding, Steel Frame
Parking Type: Surface
Parking Description: Extremely large concrete parking lot and storage area.
Overhead Cranes: Undisclosed
Amps: 800
Volts: 440
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central, Ceiling Units
Air Conditioning: Engineered System
Zoning Description: M-1
Lot Frontage: 340
Lot Depth: 1290
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: PT NE SE 13-6-10 AKA PT SMYRNA

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,832 48,271 139,238
Median Age: 40.67 39.71 38.08
Households: 2,722 21,774 57,574

Contact

Photograph of Listing Agent

Mark J. Miller

ERA First Advantage Commercial
CPIX Member
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