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501 N 9th Ave 501 Ninth ave 40,283 SF Industrial Building Evansville, IN 47712 $725,000 ($18.00/SF) 14% Cap Rate
Executive Summary
Rare Find! West-side Industrial space. Currently operating as Napa Auto Parts. Owner will sign a 3-year lease back for $8,500/ Mo NNN.
Property Facts
| Price | $725,000 | Lot Size | 1.40 AC |
| Price Per SF | $18.00 | Rentable Building Area | 40,283 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 14% | Year Built | 1940 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 0.42/1,000 SF |
| Building Class | B | No. Dock-High Doors/Loading | 1 |
| Zoning | M-3 | ||
| Price | $725,000 |
| Price Per SF | $18.00 |
| Sale Type | Investment |
| Cap Rate | 14% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 1.40 AC |
| Rentable Building Area | 40,283 SF |
| No. Stories | 1 |
| Year Built | 1940 |
| Tenancy | Single |
| Parking Ratio | 0.42/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| Zoning | M-3 |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 82-05-24-030-020.001-029 | Improvements Assessment | $204,400 |
| Land Assessment | $54,900 | Total Assessment | $259,300 |
Property Taxes
Parcel Number
82-05-24-030-020.001-029
Land Assessment
$54,900
Improvements Assessment
$204,400
Total Assessment
$259,300
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501 N 9th Ave | 501 Ninth ave
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