Bank Branch / #2371
Retail-Commercial
for Sale
| Catylist Listing ID: |
30765316 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Street Retail, Other
|
| Building Size (RSF): |
4,441 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.31 Acres
|
| Sale Price: |
$1,200,000 |
| Unit Price: |
$270.21 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
Bank Branch |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/17/2022 |
Overview / Comments
- 5/3 Bank branch scheduled to close January 7, 2022 - Class A facility
- Located along one of the most highly-traveled corridors (US 41) in the Evansville-Henderson MSA (40,500 VPD) commonly known as the *Henderson Strip*
- Fronting 2 streets (US 41 & N Elm St)
- Priced below Assessed Value
|
Financials
| Finance Data Year |
2021 |
| Real Estate Taxes - Annual($) |
$18,998 (Annual) |
| Tax Value Land |
$666,000 |
| Tax Value Improvements |
$562,000 |
| Assessed Value - Total($) |
$1,228,000 (Annual) |
Additional Details
| Nearest MSA: |
Evansville |
| County: |
Henderson |
| Tax ID/APN: |
55B-15 |
| Zoning: |
HIGHWAY COMMERCIAL |
| Retail Clientele: |
General, Business, Other |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
US 41 |
| Feet of Frontage: |
207 |
| Traffic/Vehicle Count: |
40,500 |
| Airports: |
Evansville Regional Airport |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
1999 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick |
| Total Parking Spaces: |
34 |
| Parking Ratio: |
7.7 (per 1000 SF) |
| Parking Type: |
Surface |
| Lot Frontage: |
207 |
| Lot Depth: |
274 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee Simple |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,098 |
16,497 |
39,361 |
| Median Age: |
40.29 |
40.09 |
38.22 |
| Households: |
2,336 |
7,147 |
16,508 |
|
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