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Property profile & analytics
OFF-MARKET
Office Spaces

944 Aigner Dr Boonville, IN 47601-8471

1,820 SF 0.62 ac lot Built 1983
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US31-2095645
Property summary
AI-generated overview

This single-story, 1,820 square foot office building in Boonville, Indiana, presents a compelling investment opportunity. Situated on a 0.62-acre lot at 944 Aigner Drive, the property boasts two units within a single building constructed in 1983. Currently, one unit is 50% occupied by a tenant under lease until December 31, 2025, generating a gross monthly rent of $750. This leased space features multiple offices, a reception area, and a restroom. The vacant unit offers a large open space and a restroom. The property is zoned M-2 and offers significant potential for increased rental income through leasing the vacant space. The building's location just outside Boonville, in Warrick County, provides convenient access to local amenities and transportation routes. This is an excellent opportunity for investors seeking a stable income stream with potential for growth. The asking price is $150,000.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1983
Construction WOOD
Total area 1,820 SF
Lot 0.62 ac (27,007 SF)
APN 87-09-33-201-009.000-003
UPID US31-2095645
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
Current use
Occupant on record · Public records
  • Miracle-Ear Hearing Aid Center Hearing Aid Store Hearing Aid Repair Service
  • Umbach and Associates Tax Preparation
  • Hardy Laurin S CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tradition Enterprises LLC · 1 yrs held
Tradition Enterprises LLC
since 2025
3 recorded transactions
2025
Price N/A
2010
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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