Commercial Property for Sale / Investment Opportunity

Office for Sale
Catylist Listing ID: 30717688
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 8,400 SF
Gross Building Area: See Agent
Gross Land Area: 2.45 Acres
Sale Price: $2,100,000
Unit Price: $250 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Sterling Industrial, LLC
Class of Space: Class B
Usable Size (USF): 8,400 SF
Sale Terms: Cash to Seller
Cap Rate: 9.74%
Last Updated: 10/7/2021

Overview / Comments

Investment Opportunity:
**CAP Rate: 9.74%
**Gross Operating Income: $266,739
**Net Operating Income: $204,540

Qualities of Property:
**Sale: $2,100,000
**Size: 8,400 SF / 2.45 (Acres)
**Zoned: C-2
**Built: 1999
**All utilities available
**Tax ID: 82-06-24-016-135.0130-027
**Taxes: $39,387.66 (2019 Pay 2020)

Attachments & Media

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-24-016-135.0130-027
Zoning: C-2
Property Visibility: Excellent
Total Number of Buildings: 1
Year Built: 1999
Parking Type: Structure
Zoning Description: C-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,918 57,124 137,622
Median Age: 29.88 39.69 38.31
Households: 3,112 25,728 57,248
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