4488 State Road 62
Retail-Commercial
for Sale
| Catylist Listing ID: |
30708325 |
| Property Subtypes: |
Mixed Use, Retail-Pad
|
| Building Size (RSF): |
4,800 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.43 Acres
|
| Sale Price: |
$449,900 |
| Unit Price: |
$93.73 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/4/2023 |
Overview / Comments
|
This property features 4,800 sqft building, 2,400 sqft of Retail/Office Space on the main level and 2,400 sqft of residential on the second floor with a combined acreage of 1.43 acres fronting State Road 62. This offering consists of two parcels with a fully finished 4,800 sqft retail/office/residential building and a 1,270 sqft house. Property features 275 ft of highway frontage with two curb cuts and a highway accessible parking lot off State Road 62. Large illuminated commercial signage included. Nearby businesses include Walmart, D-Patrick Boonville Ford, and O'Reily Auto Parts.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$4,417 (Annual) |
Additional Details
| Nearest MSA: |
Evansville |
| County: |
Warrick |
| Taxing Authority: |
Warrick County |
| Tax ID/APN: |
87-09-29-402-022.000-002, 87-09-29-300-021.000-002 |
| Zoning: |
M-1,C-4 |
| Retail Clientele: |
General, Business |
| Property Located Between: |
Squaw Creek Rd & John Bull Rd |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
IN-62 |
| Feet of Frontage: |
275 |
| Traffic/Vehicle Count: |
14,545 |
| Highway Access: |
State Road-62 & Highway 261 |
| Airports: |
Evansville Regional Airport |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
4,800 SF |
| Property Condition: |
Good |
| Year Built: |
2000 |
| Roof Type: |
Gable |
| Construction/Siding: |
Metal Siding |
| Total Parking Spaces: |
20 |
| Parking Type: |
Surface |
| Parking Description: |
Gavel Lot |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Lot Frontage: |
200 |
| Lot Depth: |
200 |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
| Land Ownership: |
Fee Simple |
| Legal Description: |
PT LOT 22 & Pt lot 23 JOHN BULL ADD
PT E 1/2 SW S29 T5 R8 .55 A |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,978 |
9,449 |
24,411 |
| Median Age: |
45.82 |
40.46 |
40.39 |
| Households: |
741 |
3,622 |
9,179 |
|
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