3101 Green River RdEvansville, IN 47715

Property Details for 3101 Green River Rd

Year built

1994

Construction

WOOD

Lot size

4.70 AC

Property size (Sq ft)

5,500 SF

Property type

Office properties

APN

82-06-12-017-176.017-027

APU

820612017176017027

Description

The Parke, located at 3101 N Green River Rd, Evansville, IN 47715, offers flexible office space in a prime location. This Class B property, built in 1996, comprises nine single-story buildings totaling 45,000 square feet on a 4-acre lot. The property features convenient parking and excellent access, making it ideal for various business needs. Currently, three office spaces are available, ranging from 1,250 to 1,850 square feet. The building is zoned C-4 and offers 120/240 power. Its versatile design makes it suitable for traditional office, medical office, or executive office uses. The address is easily accessible via Spring Valley Road. This multi-tenant building presents a unique opportunity for businesses seeking a well-maintained and conveniently located office space in Evansville, Indiana. The property's ample parking and flexible space options cater to a wide range of business requirements. The single-story design ensures easy navigation and accessibility for all tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $950,136

  6.5%

  $877,049

  7%

  $814,403

• Comparable approach

  Method

  Valuation

  Relative Method

  $473,440

  Geo Method

  $473,440

• Alternative Use

  Use

  Valuation

  Residential

  $1,087,541

  Hospitality

  $996,181

  Educational

  $828,811

  Medical

  $857,315

  Retail

  $1,289,262

Location Insight

City

Evansville

County

Vanderburgh

State

Indiana

Latitude

38.0064

Longitude

-87.4913

CBSA code

21780

CBSA name

EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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