19420 N SR 162
Office
for Sale
Catylist Listing ID: |
30796797 |
Property Subtypes: |
High-Tech, Medical, Flex Space, Office Building, Research & Development
|
Building Size (RSF): |
12,000 SF
|
Gross Land Area: |
6 Acres
|
Sale Price: |
$1,200,000 |
Unit Price: |
$100 PSF |
Ceiling: |
15 ft. |
Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
Building Name: |
Communications Logistics, Inc |
Class of Space: |
Class A |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
1/20/2023 |
Overview / Comments
Great one owner office building in excellent condition located in Spencer County Indiana within 10 minutes of I-64 which is a major east/west thoroughfare. This property was previously occupied by Communications Logistics, Inc and was used as technology center. There are 13 private offices and a large open cubicle area for a combined office area of 10,900 SF. There are four restrooms, two conference rooms, IT room, break room and supply room. The entire building is temperature controlled with nine zoned HVAC units. Also included is a 22' x 50' shipping and receiving area with a 8.5' x 10' overhead door and truck dock. The floor plan is largely open with extensive recessed led lighting and 8'-10' ceiling height. As the photos illustrate this property is in excellent condition and has a host of opportunities for many types of businesses. There are 51 parking spaces and six total acres with 60% of the land still available for expansion.
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Financials
Finance Data Year |
2022 |
Real Estate Taxes - Annual($) |
$9,576 (Annual) |
Additional Details
Nearest MSA: |
Jasper |
County: |
Spencer |
Taxing Authority: |
Spencer County |
Tax ID/APN: |
74-01-18-400-030.004-011 |
Zoning: |
B-3 |
Property Visibility: |
Excellent |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Typical SF / Floor: |
12,000 SF |
Year Built: |
2000 |
Roof Type: |
Gable |
Construction/Siding: |
Block, Metal Siding, Steel Frame |
Parking Ratio: |
4.2 (per 1000 SF) |
Parking Type: |
Surface |
Parking Description: |
Large paved private parking lot. |
Total Parking Spaces: |
51 |
Sprinklers: |
None |
Heat Type: |
Natural Gas |
Heat Source: |
Central |
Air Conditioning: |
Engineered System |
Zoning Description: |
B-3 General Business Zone |
Lot Frontage: |
496 |
Lot Depth: |
594 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Land Ownership: |
Fee Simple |
Legal Description: |
PT NE SE 18-4-4 6A |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
2,490 |
6,842 |
Median Age: |
42.42 |
40.94 |
Households: |
893 |
2,542 |
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