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Property profile & analytics
OFF-MARKET
Warehouses

701 Sycamore St 735 Evansville, IN 47713-2739

9,000 SF 1.21 ac lot Built 1994
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1009860
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1994
Construction WOOD
Total area 9,000 SF
Lot 1.21 ac (52,650 SF)
APN 82-06-29-024-034.001-029
UPID US31-1009860
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
O'CONNOR PROPERTIES LLC
O'CONNOR PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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