Catylist ID:
#30844213
Investment property - 3 buildings + lot - Maxwell Avenue
Industrial
for Sale
| Catylist Listing ID: | 30844213 |
| Property Subtypes: | Cold Storage, Food Processing, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Net Leased, Office Showroom, Self Storage, Warehouse/Distribution, Other |
| Building Size (RSF): | 15,600 SF |
| Gross Land Area: | 1.17 Acres |
| Sale Price: | $835,000 |
| Unit Price: | $53.53 PSF |
| Ceiling: | 18 ft. |
| Drive In Bays: | 5 Bays |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 8.3% |
| Last Updated: | 5/26/2023 |
Overview / Comments
|
3-building complex located centrally in Evansville, IN Net Operating Income is $69,310 $835,000 asking price is based on an 8.30% CAP rate Great office warehouse complex featuring high quality construction Total building area is 15,600 SF which includes approximately 7,600 SF of finished office space and 8,000 SF of warehouse space. Situated on a +/- 1.17 acrea, C-4 zoned lot with paved parking for approximately 40 vehicles Each of the three buildings have separately metered gas and electric service Parcel IDs: 82-06-17-031-095.004-029, 82-06-17-031-095.009-029 and 82-06-17-031-095.010-029 Total property taxes: $20,683 Two of the three buildings are currently leased Additional Financial and Lease information furnished upon execution of a Confidentiality Agreement |
Attachments & Media
Additional Details
| Nearest MSA: | Evansville |
| County: | Vanderburgh |
| Tax ID/APN: | 82-06-17-031-095.004-029, 82-06-17-031-095.009-029, 82-06-17-031-095.010-029 |
| Zoning: | C-4 |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 3 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Parking Type: | Surface |
| Parking Description: | Paved parking |
| Total Parking Spaces: | 40 |
| Overhead Cranes: | Undisclosed |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 13,481 | 88,315 | 149,346 |
| Median Age: | 37.52 | 38.03 | 38.16 |
| Households: | 5,861 | 36,792 | 63,405 |
| © Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Indiana Commercial Board of REALTORS® nor Moody's assume any liability for errors or omissions. |
