309 E Southview Dr

Office for Sale
Catylist Listing ID: 30807205
Property Subtypes: Office Building
Building Size (RSF): 3,408 SF
Gross Building Area: See Agent
Gross Land Area: 1.02 Acres
Sale Price: $475,000
Unit Price: $139.38 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/4/2023

Overview / Comments

3408 Sq Ft building sitting on over 1 acres of land, Building renovated inside in 2009. Has a Men's and Women's bathrooms, Small utility room with exit to outdoors, Large foyer area, Large open concept room with cubicles used for office space at this time, Large Conference room with 2 entrances that could be made into 2 separate conference rooms, Large storage room for supplies and server closet and 3 private offices. Has 2 HVAC units, Rear exit for fire safety, Mini shed for storage, Very large parking lot, Parking lot has lights, Ramp to the front door with a covered canopy, Building is handicap accessible. Storm sewer in the parking lot. Property can be used as Commercial site. Parking Lot is in a floodway.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $3,303 (Annual)
Tax Value Land $87,700
Tax Value Improvements $113,100
Assessed Value - Total($) $200,800 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $2,048 (Annual)
Tax Value Land $50,200
Tax Value Improvements $98,100
Assessed Value - Total($) $148,300 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $2,694 (Annual)
Tax Value Land $50,200
Tax Value Improvements $146,500
Assessed Value - Total($) $196,700 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $2,639 (Annual)
Tax Value Land $50,200
Tax Value Improvements $153,800
Assessed Value - Total($) $204,000 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $2,451 (Annual)
Tax Value Land $50,200
Tax Value Improvements $152,400
Assessed Value - Total($) $202,600 (Annual)

Additional Details

Nearest MSA: Bloomington
County: Morgan
Tax ID/APN: 55-13-09-265-012.000-021
Property Located Between: From the Ohio Street exit off of State Road 37 (Which will be I 69), turn south 1 block to Southview Drive, turn right to the property on the left
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1970
Year Renovated: 2009
Parking Type: Surface
Total Parking Spaces: 35
Zoning Description: R3 - High Density Residential
In Flood Plain?: Yes
Legal Description: S9 T11 R1E W NE; 1.02 A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,172 12,570 19,456
Median Age: 39.45 37.13 39.23
Households: 488 4,981 7,509

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