Property profile

4144 Wyntree Dr Newburgh, IN 47630

OFF-MARKET
Medical Office Space
Property ID
US31-1531201
8,900 SF 0.71 ac lot Built 2002
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 4144 Wyntree Drive, Newburgh, Indiana, presents a lucrative investment opportunity. The 8,500+ square foot building sits on a 0.71-acre lot and is currently 100% occupied by tenants on month-to-month leases with a 90-day notice period. The versatile layout is ideally suited for a variety of uses, including medical practices, laboratories, or rehabilitation centers. The existing design incorporates features conducive to these types of businesses. The ground floor offers the potential for future expansion with the addition of an elevator to access the walkout basement area. This presents a unique opportunity to enhance the property's functionality and appeal to a wider range of potential tenants. The property's strong occupancy rate and flexible design make it an attractive investment with significant potential for long-term growth and return. The asking price is $1,000,000. This is a rare chance to acquire a high-performing commercial property in a desirable location. Serious inquiries only.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2002
Construction WOOD
Total area 8,900 SF
Lot 0.71 ac (30,928 SF)
APN 87-12-27-215-001.000-019
UPID US31-1531201

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Pediatrician Physician
  • Physician
  • Pediatrician Physician
  • Physician

Location

4144 Wyntree Dr Newburgh, IN 47630-2521
Newburgh metro Census 30709 EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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