5844 Vann Rd Newburgh, IN 47630-8471
This exceptional 3.35-acre commercial property at 5844 Vann Road, Newburgh, Indiana, presents a compelling investment opportunity. Priced at $990,000, the building boasts 12 offices, two conference rooms, and five bathrooms, providing ample space for a variety of business needs. Two newer HVAC systems, installed in 2023, ensure year-round climate control. A unique feature is the drive-through bay, equipped with an overhead crane and a tube heater, ideal for specialized operations. The property also includes substantial storage space throughout the building. Power options are extensive, featuring 3-phase power, along with 240V and 480V hookups, catering to diverse operational requirements. Currently, two bays are vacant, presenting immediate opportunities for lease income or expansion. This versatile property is ready for a new owner to capitalize on its significant potential. The location in Newburgh, Indiana offers excellent access to transportation routes and a thriving local economy. This is a rare chance to acquire a well-maintained, fully functional commercial building with significant upside. Don't miss this chance to own a piece of Newburgh's commercial landscape.
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Stellar Technologies Inc. Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.