Industrial For Sale or Lease

Industrial for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30700466
Building Size (RSF): 8,000 SF
Gross Land Area: 1.50 Acres
Sale Price: $275,000
Unit Price: $34.38 PSF
Property Use Type: Investment
Building Name: Otterbein Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/10/2021

Overview / Comments

Otterbein Building for sale or lease. 3,100 SF front space for lease $2,000/month. Built in 2003. Building sits on 1.5 acres. Suited for Warehouse, Office-shop, Automotive, Contractors.

Attachments & Media

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $2,484 (Annual)
Tax Value Land $30,800
Tax Value Improvements $206,400
Assessed Value - Total($) $237,200 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $2,234 (Annual)
Tax Value Land $27,400
Tax Value Improvements $172,600
Assessed Value - Total($) $200,000 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $2,727 (Annual)
Tax Value Land $46,200
Tax Value Improvements $178,100
Assessed Value - Total($) $224,300 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $3,115 (Annual)
Tax Value Land $46,600
Tax Value Improvements $179,800
Assessed Value - Total($) $226,400 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $3,230 (Annual)
Tax Value Land $45,400
Tax Value Improvements $176,400
Assessed Value - Total($) $221,800 (Annual)

Additional Details

Nearest MSA: Lafayette-West Lafayette
County: Benton
Submarket Type: Other
Tax ID/APN: 04-11-28-800-001.008-001
Zoning: B-3
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2002
Legal Description: PT NW1/4 SE1/4 28-24-06 1.50A

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,822 2,822
Median Age: 36.65 36.65
Households: 1,077 1,077

Contact

Photograph of Listing Agent

Doug Anderson

Candor Realty ICREX Member
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