Catylist ID:
#30836495
Industrial Complex off US Hwy 41
Industrial
for Sale
Sale Pending
| Catylist Listing ID: | 30836495 |
| Property Subtypes: | Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution |
| Status: | Pending |
| Building Size (RSF): | 10,360 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 3.46 Acres |
| Sale Price: | $600,000 |
| Unit Price: | $57.92 PSF |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/11/2023 |
Overview / Comments
|
3.46 AC Industrial property located on the west side of US Hwy 41 north of St George Rd. This property was formerly owner-occupied by a heavy industrial user until the business was sold in late 2022. The site consists of 3 buildings with excess land that is concrete or compacted stone. Most concrete in the complex is 12" thick. Building 1 - 2400 SF (40'x60') post-frame building with two 14' and one 12' roll-up doors. This building has its own fenced and gated outdoor storage around with shipping containers serving as additional storage. This building, the lot, shipping containers, and a permanently set job site trailer (560 SF that serves as an office) were leased in late 2022 to an HVAC contractor on a 1-year lease with renewal options. Building 2 - 3200 SF multi-tenant steel building divided up into four 800 SF bays. The owner has begun the process of separating and metering these units for electricity. These spaces could be combined to create 1600 SF, 2400 SF or 3200 SF space. These are currently available for lease. Building 3 - 4200 SF post frame building by Hobgood. This building has a 22' high ceiling and is clear span and was completed in 2020 and has propane heat. Three 14' overhead doors. 200 AMP service. This building has a 48'x32' barrel canopy connected to the building. There is an 18'x35' steel mezzanine installed in the building. The space is currently available for lease. Included in the sale is another 12'x60' job site traile |
Attachments & Media
Financials
| Finance Data Year | 2015 |
|---|---|
| Real Estate Taxes - Annual($) | $4,778 (Annual) |
| Tax Value Land | $116,600 |
| Tax Value Improvements | $33,300 |
| Assessed Value - Total($) | $149,900 (Annual) |
| Finance Data Year | 2013 |
| Real Estate Taxes - Annual($) | $5,333 (Annual) |
| Tax Value Land | $134,400 |
| Tax Value Improvements | $34,400 |
| Assessed Value - Total($) | $168,800 (Annual) |
| Finance Data Year | 2011 |
| Real Estate Taxes - Annual($) | $5,162 (Annual) |
| Tax Value Land | $130,000 |
| Tax Value Improvements | $49,200 |
| Assessed Value - Total($) | $179,200 (Annual) |
| Finance Data Year | 2010 |
| Real Estate Taxes - Annual($) | $4,940 (Annual) |
| Tax Value Land | $130,000 |
| Tax Value Improvements | $51,400 |
| Assessed Value - Total($) | $181,400 (Annual) |
| Finance Data Year | 2009 |
| Real Estate Taxes - Annual($) | $4,632 (Annual) |
| Tax Value Land | $130,000 |
| Tax Value Improvements | $51,400 |
| Assessed Value - Total($) | $181,400 (Annual) |
Additional Details
| Nearest MSA: | Evansville |
| County: | Vanderburgh |
| Tax ID/APN: | 82-06-04-034-097.003-020 |
| Zoning: | M-2 |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 3 |
| Number of Stories: | 1 |
| Property Condition: | Average |
| Sprinklers: | None |
| In Flood Plain?: | Yes |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | PT NE NW 4-6-10 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,995 | 51,765 | 121,458 |
| Median Age: | 43.59 | 40.04 | 38.95 |
| Households: | 777 | 21,609 | 50,842 |
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