4488 State Road 62
Retail-Commercial
for Sale
Catylist Listing ID: |
30708325 |
Property Subtypes: |
Mixed Use, Retail-Pad
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Building Size (RSF): |
4,800 SF
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Gross Building Area: |
See Agent |
Gross Land Area: |
1.43 Acres
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Sale Price: |
$449,900 |
Unit Price: |
$93.73 PSF |
Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
2/4/2023 |
Overview / Comments
This property features 4,800 sqft building, 2,400 sqft of Retail/Office Space on the main level and 2,400 sqft of residential on the second floor with a combined acreage of 1.43 acres fronting State Road 62. This offering consists of two parcels with a fully finished 4,800 sqft retail/office/residential building and a 1,270 sqft house. Property features 275 ft of highway frontage with two curb cuts and a highway accessible parking lot off State Road 62. Large illuminated commercial signage included. Nearby businesses include Walmart, D-Patrick Boonville Ford, and O'Reily Auto Parts.
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Financials
Finance Data Year |
2022 |
Real Estate Taxes - Annual($) |
$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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