Catylist ID:
#30728934
Investment Opportunity off Old Boonville Highway
Industrial
for Sale
| Catylist Listing ID: | 30728934 |
| Property Subtypes: | Warehouse/Distribution |
| Building Size (RSF): | 11,256 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.86 Acres |
| Sale Price: | $550,000 |
| Unit Price: | $48.86 PSF |
| Ceiling: | 27 ft. |
| Drive In Bays: | 5 Bays |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Usable Size (USF): | 11,256 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 7.16% |
| Last Updated: | 9/17/2021 |
Overview / Comments
|
4 12' Overhead Doors 1 14' Overhead Door 2 Mezzanines Heated facility New 2021 Roof Larger section of building measures 21'5" (bottom truss) Smaller section of building measures 14'10" (bottom truss) Secured fully fenced facility sitting on paved lot. Taxes: $7,922 (2020) Cap Rate: 7.88% Gross Operating Income: $56,896 Net Operating Income: $39,396 |
Attachments & Media
Additional Details
| Nearest MSA: | Evansville |
| County: | Vanderburgh |
| Tax ID/APN: | 82-06-13-017-158.012-027 |
| Zoning: | M-1 |
| Tenancy: | Single Tenant |
| Column Spacing: | Free span |
| Overhead Cranes: | Undisclosed |
| X-Phase: | 3 |
| Heat Type: | Electricity |
| Zoning Description: | Light Industrial District (M-1) |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,672 | 59,438 | 138,660 |
| Median Age: | 40.05 | 38.57 | 38.39 |
| Households: | 3,609 | 26,037 | 57,992 |
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