4166 Wyntree DrNewburgh, IN 47630

Property Details for 4166 Wyntree Dr

Year built

2002

Construction

TYPE NOT SPECIFIED

Lot size

0.71 AC

Property size (Sq ft)

9,820 SF

Property type

Medical offices

Property subtype

Medical centers

APN

87-12-27-215-002.000-019

APU

871227215002000019

Description

This exceptional two-story office building, constructed in 2002, offers 9,820 square feet of versatile space situated on a 0.71-acre lot in Warrick County, Indiana. The property, zoned commercial, features a single building with ample parking (11 spaces). Currently, there are multiple tenancies available, including two smaller suites ranging from 159 to 170 square feet each. These suites are ideal for individual professionals and share common reception and restroom areas. The building's traditional office design is also well-suited for medical office use. Its convenient location across from Showplace Cinemas Family Entertainment Center ensures high visibility and easy accessibility. The gross lease rate for the available suites is $475-$480 per month. The property's address is 4166 Wyntree Dr, Newburgh, IN 47630 (APN: 87-12-27-215-002.000-019).

• CAP approach

  CAP return

  Valuation

  6%

  $1,696,425

  6.5%

  $1,565,931

  7%

  $1,454,079

• Comparable approach

  Method

  Valuation

  Relative Method

  $845,306

  Geo Method

  $845,306

• Alternative Use

  Use

  Valuation

  Residential

  $1,941,754

  Hospitality

  $1,778,637

  Educational

  $1,479,805

  Medical

  $1,530,698

  Retail

  $2,301,919

Location Insight

City

Newburgh

County

Warrick

State

Indiana

Latitude

37.9743

Longitude

-87.3962

CBSA code

21780

CBSA name

EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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