Reo Raceway Track

Retail-Commercial for Sale
Catylist Listing ID: 30736532
Property Subtypes: Free-Standing Building, Garden Center, Mixed Use, Street Retail, Vehicle Related
Building Size (RSF): 9,612 SF
Gross Building Area: See Agent
Gross Land Area: 0.56 Acres
Sale Price: $249,900
Unit Price: $26 PSF
Ceiling: 20 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Reo Raceway Track and Hobby Shop
Sale Terms: Cash to Seller
Last Updated: 9/24/2021

Overview / Comments

Great industrial or warehouse opportunity that was a former hobby car raceway. The property offers two connected buildings, two restrooms, a workshop, a carport and garage area with a 14' ceiling height. There are three over head doors with one measuring 12'x12' and two measuring 12'x8'. The ceiling height in the two large areas are 20'.

Attachments & Media

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $2,222 (Annual)

Additional Details

Nearest MSA: Evansville
County: Spencer
Taxing Authority: Spencer County
Tax ID/APN: 74-15-32-300-013.001-017/74-15-32-300-012.001-017/74-15-32-300-011.001-017
Zoning: L-1
Retail Clientele: General, Family, Business, Recreation
Property Located Between: West County Road 100 South & West Old State Road 45
Property Visibility: Excellent
Largest Nearby Street: IN 66
Feet of Frontage: 125
Traffic/Vehicle Count: 7,719
Highway Access: IN 66 and IN 161
Airports: Evansville Regional Airport
Area Description: Rural area with high traffic count that is growing every year.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 9,612 SF
Property Condition: Excellent
Year Built: 2005
Roof Type: Gable
Construction/Siding: Aluminum Siding, Vinyl Siding
Parking Type: Surface
Parking Description: Gravel lot.
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: I-1
Lot Frontage: 125
Lot Depth: 400
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Fee Simple
Legal Description: W SIDE NW SW 32-7-6 1.960A / PT NW SW 32-7-6 .289A / PT NE SW 32-7-6 .289A

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,928 8,424
Median Age: 41.99 42.28
Households: 1,920 3,396

Contact

Photograph of Listing Agent

Mark Miller

ERA First Advantage Realty, Inc.
CPIX Member
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