701 Sycamore St 735 Evansville, IN 47713-2739
This exceptional industrial property, located at 701-735 E Sycamore St in Vanderburgh County, offers a total of 9,000 square feet of warehouse space divided into two suites. Built in 1994, the single-story building sits on a 1.21-acre lot and is zoned M-1. Suite 703 offers approximately 3,600 square feet, featuring two restrooms and a kitchenette, and is available for $9 per square foot per year on a net-net basis. Suite 705, totaling approximately 5,400 square feet, includes three restrooms, a kitchenette, and a conference room. This suite is available for $9 to $12 per square foot per year on a net-net basis and can be subdivided into two smaller spaces. Net-net charges include insurance at $0.69 per square foot and taxes at $0.33 per square foot. Both suites boast 12-foot overhead doors with convenient access from Morton Ave. The entire warehouse is heated. The property includes 18 total parking spaces. Minimum divisible space is 1,056 square feet, with a maximum contiguous space of 9,000 square feet. The property's APN is 82-06-29-024-034.001-029. This is an excellent opportunity for businesses seeking flexible warehouse space in a convenient location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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