1421 Oak Hill Road

Office for Sale
Sale Pending
Also listed as Retail-Commercial
Catylist Listing ID: 30762124
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 1,134 SF
Gross Building Area: See Agent
Gross Land Area: 0.11 Acres
Sale Price: $94,900
Unit Price: $83.69 PSF
Ceiling: 8 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2021

Overview / Comments

Very nice building fronting Oak Hill Road located two blocks from the Morgan Avenue and Oak Hill Road intersection which has an ADTC of over 22,000. As the photos illustrate, the interior layout has an abundance of possibilities the way it currently is or could easily be modified for a more specific use. There are two separate entrances, a full basement and a large parking lot at the rear of the building.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $2,309 (Annual)

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Taxing Authority: Vanderburgh County
Tax ID/APN: 82-06-22-013-045.006-027
Zoning: C-4
Property Located Between: East Eichel Avenue & East Tennessee Street
Property Visibility: Excellent
Highway Access: Lloyd Expressway, Highway 41 & I-69.
Airports: Evansville Regional Airport
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,134 SF
Year Built: 1935
Roof Type: Gable
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Parking Description: Concrete lot in front and in back of the building.
Total Parking Spaces: 10
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: C-4
Lot Frontage: 40
Lot Depth: 130
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: KINGSBURY ADD L5 BL1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,330 90,897 143,880
Median Age: 41.94 38.16 38.32
Households: 4,241 39,142 60,984

Contact

Photograph of Listing Agent

Mark Miller

ERA First Advantage Realty, Inc.
ICREX Member
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