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Property profile & analytics

1900 Broadway St Princeton, IN 47670-1095

  • Commercial real estate
  • 7,309 SF
  • 7.17 lot acres
OFF-MARKET
Value Estimations
$610,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US31-1606165
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • WRAY Country 98.1 / Radio Station / Telecommunications Service
  • Doggie Doo Grooming / Pet Grooming Service

Property Details for 1900 Broadway St

Year built
1950
Construction
WOOD
Lot size
7.17 lot acres
Property size
7,309 SF
Property type
Commercial real estate
APN
26-11-12-103-002.213-028
APU
261112103002213028

Description

This exceptional special-purpose property, located at 1900 W Broadway St, Princeton, IN 47670, presents a unique investment opportunity. The 7,309 square foot building sits on approximately 6.125 acres of land, offering ample space for expansion or future development. Currently operating as the renowned WRAY 98.1 FM country radio station, a legendary broadcaster since 1950, and boasting 50,000 watts of power, the property also functions as a telecom/data center. Its strategic location, a quarter-mile from US 41 and Indiana 64 (Broadway Ave), ensures excellent accessibility and visibility. The station's extensive reach covers 34 counties within a 75-mile radius, making it a well-established regional player. The asking price is $1,954,000, translating to $267.34 per square foot. This turnkey operation offers a blend of established broadcasting infrastructure and potential for diverse telecom/data center applications, representing a compelling investment in a stable and growing market. The property's long history under the same family ownership speaks to its enduring value and potential for continued success. Gibson County's location provides a strong foundation for future growth and expansion.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $535,000
    Current use
    MEDICAL BUILDING
    $785,000
    Change: +46% Conversion: Easy
    APARTMENT HOUSE (5+ UNITS)
    $585,000
    Change: +8% Conversion: Moderate
    RETAIL STORES
    $520,000
    Change: -3% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Princeton
County
Gibson
State
Indiana
Longitude
-87.5905
Latitude
38.3566
CBSA code
21780
CBSA name
EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,728
$252,000
$105,600
$357,600
-
$252,000
$105,600
$357,600
More about this property
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