7700 Henze Road, Evansville, IN 47720
Personal, Mixed Use - Evansville, IN
- Added:
- Sep 7, 2023
- Days on Market:
- 1009
- Last Refresh:
- Jun 11 at 7:06 am
Property Features for 7700 Henze Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Bathrooms
- 11
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen, Office
- Parking features
- Garage
- Interior features
- Drywall, Living Space, Passenger Elevator, Basement
- Exterior features
- Fence, Fenced, Living Space, Passenger Elevator, Basement
- Fencing
- Fenced
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 82-03-33-003-046.041-022
- Size
- 33,000 SF
- Lot size
- 35.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 76400
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water front features
- Waterfront Private Lake, Waterfront, Waterfront Private Lake
- Water front
- 1
Building Details
- Year built
- 1997
- Floors in Building
- 3
- Flooring type
- Carpet, Tile, Tile - Ceramic, Wood
- Building materials
- Brick
- Roof type
- Slate
- Architectural style
- Other
Listing agent James Keck License #RB14039121 (812) 483-4894
Listing office Berkshire Hathaway HomeServices Indiana Realty 7220 Eagle Crest Blvd, Evansville, IN (812) 455-0370
Listing date Sep 7, 2023
Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 33,000 sq ft home and grounds on 35 acres with potential for commercial rezoning (event center, hotel, etc.).
- Equestrian center with show barn (including living quarters), riding arena, and 2 additional horse barns.
- The main house features a 2‑story great room, chef's kitchen, elegant dining room, and immense master suite with fitness room.
- Garages accommodate 14 cars (both attached and detached).
- Second level includes 4 bedrooms with full baths, 2 offices, billiards room, game room, and media room.
- Private lake and countryside views.
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $673.2k | $20.40 |
| − Vacancy | −$67.3k | −$2.04 |
| EGI | $605.9k | $18.36 |
| − OpEx | −$227.2k | −$6.89 |
| NOI | $378.7k | $11.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.651502
- Latitude
- 38.050431
