5505 Foundation DrEvansville, IN 47725
- Industrial land
- 9.09 AC
Property Details for 5505 Foundation Dr
- Lot size
- 9.09 AC
- Property type
- Industrial land
- APN
- 82-04-01-009-277.013-030
- APU
- 820401009277013030
Description
This exceptional build-to-suit opportunity is situated in Evansville's premier Vanderburgh Industrial Park, offering unparalleled access to major transportation arteries. The property boasts a 9.084-acre lot with high visibility from I-69 and frontage on US-57. The proposed building, ranging from 100,000 to 206,221 square feet, is perfectly suited for manufacturing, warehousing, and distribution needs. Customization is available to meet specific tenant requirements. Building specifications include a pre-engineered steel structure with an optional concrete tilt construction, a 1,000 square foot office area, 32-foot ceilings, 50' x 50' column spacing, 7-inch unreinforced concrete flooring, 30 employee parking spaces, approximately five loading docks with equipment, and two drive-in doors. The building will also feature an ESFR fire suppression system, T-5 lighting with motion sensors, and warehouse heating. Construction is estimated to take 8-10 months. The quoted asking rates are based on a 15-year lease term, with rates for a 10-year term available upon request. The property is zoned M-2 and has APN 82-04-01-009-277.013-030. This single-tenant, one-story building presents a rare chance to secure a state-of-the-art facility in a highly desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $78,260,616
- Hospitality
- $71,686,304
- Educational
- $59,642,164
- Medical
- $61,693,348
- Retail
- $92,776,696
Location Insight
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Latitude
- 38.1152
- Longitude
- -87.4827
- CBSA code
- 21780
- CBSA name
- EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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