2616 S Green River Rd, Evansville, IN
Office space available for purchase in Evansville, Indiana.
- Added:
- Sep 6, 2024
- Days on Market:
- 647
- Last Refresh:
- May 20 at 8:27 pm
Property Features for 2616 S Green River Rd
General Information
- Standard status
- Active
- Size
- 3,353 SF
- Lot size
- 0.45 Acres
- Property subtype
- OFFICE
Listing agent Troy Tornatta License #RB15001184 (812) 305-5006
Listing office Hahn Kiefer Real Estate Services (812) 305-5006
Listing date Sep 6, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Hahn Kiefer Real Estate Services
HighLights
- Office space available for purchase
- Located in Evansville, Indiana
Overview
Local Financial Insights For Office B
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 | $64.4k | $19.20 |
| − Vacancy | −$10.0k | −$2.98 |
| EGI | $54.4k | $16.22 |
| − OpEx | −$13.6k | −$4.06 |
| NOI | $40.8k | $12.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.4924
- Latitude
- 37.9431
