4707 Bayard Park DrEvansville, IN 47714
- Retail properties
- 4,500 SF
For Sale
$325,000
View listing
Property Details for 4707 Bayard Park Dr
- Year built
- 1976
- Construction
- WOOD
- Lot size
- 0.32 AC
- Property size (Sq ft)
- 4,500 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 82-06-26-017-121.072-027
- APU
- 820626017121072027
Description
This exceptional investment opportunity presents a 4,500 square foot retail complex ideally situated at 4707-4711 Bayard Park Drive in Evansville, Indiana. The property, built in 1976 and renovated in 2005, boasts a prime location directly off the highly trafficked South Green River Road, offering excellent visibility and accessibility. Positioned across from the Lawndale Commons Shopping Center, this one-story building sits on a 14,100 square foot lot and is zoned C-4. The complex comprises two units
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,142,755
- 6.5%
- $1,054,851
- 7%
- $979,504
-
Comparable approach
- Method
- Valuation
- Relative Method
- $976,147
- Geo Method
- $976,147
-
Alternative Use
- Use
- Valuation
- Residential
- $889,806
- Hospitality
- $815,058
- Educational
- $678,118
- Medical
- $701,440
- Retail
- $1,054,851
4707 Bayard Park Dr, Evansville, Indiana
Location Insight
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Latitude
- 37.9659
- Longitude
- -87.4938
- CBSA code
- 21780
- CBSA name
- EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,730
$42,300
$75,300
$117,600
-
$42,300
$75,300
$117,600
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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