802 Main StBoonville, IN 47601

Property Details for 802 Main St

Year built

1986

Construction

TYPE NOT SPECIFIED

Lot size

0.40 AC

Property size (Sq ft)

1,197 SF

Property type

Retail properties

Property subtype

Parking lots & garages

APN

87-09-25-300-023.000-003

APU

870925300023000003

Description

This exceptional retail investment opportunity, Boonville Shopping Center, is strategically located at the southeast corner of SR 61 and SR 62 (Main Street) in Boonville, Indiana, a primary east/west thoroughfare. The center boasts a total of 90,000 square feet across two buildings, situated on a generous 9.82-acre lot. With ample parking (220 spaces), the property offers excellent accessibility for customers. Currently, the center features a strong tenant mix, anchored by Tractor Supply Co., AutoZone, and 4J's Hardware. Multiple suites are available for lease, ranging from a minimum of 3,229 square feet to a maximum contiguous space of 17,016 square feet, providing flexibility for various retail businesses. The property is zoned C-4 and features a total of nine suites. The property's prime location and established tenant base make it an attractive investment opportunity. The APN numbers are 87-09-27-400-028.000-003

• CAP approach

  CAP return

  Valuation

  6%

  $303,973

  6.5%

  $280,590

  7%

  $260,548

• Comparable approach

  Method

  Valuation

  Relative Method

  $259,655

  Geo Method

  $259,655

• Alternative Use

  Use

  Valuation

  Residential

  $236,688

  Hospitality

  $216,805

  Educational

  $180,379

  Medical

  $186,583

  Retail

  $280,590

Location Insight

City

Boonville

County

Warrick

State

Indiana

Latitude

38.0479

Longitude

-87.265

CBSA code

21780

CBSA name

EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].