2018 Maxwell AveEvansville, IN 47711

Property Details for 2018 Maxwell Ave

Year built

2004

Construction

TYPE NOT SPECIFIED

Lot size

3.34 AC

Property size (Sq ft)

9,760 SF

Property type

Retail properties

Property subtype

Strip malls

APN

82-06-15-014-171.001-027

APU

820615014171001027

Description

This exceptional 9,760-square-foot retail property, located at 2018 Maxwell Ave in Evansville, Indiana, presents a unique investment or occupancy opportunity. Situated on a generous 3.34-acre lot, this multi-tenant building boasts a flexible layout suitable for a variety of commercial uses. Currently, 6,000 square feet of space is readily available for lease or build-to-suit options, allowing for customization to meet specific business needs. The building was constructed in 2004 and is zoned C-4, providing ample flexibility for diverse commercial ventures. The property's prime location in Vanderburgh County, Indiana, offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the Evansville market. The existing structure provides a solid foundation for immediate occupancy or a complete renovation to create a modern, efficient workspace. This versatile property is ideal for businesses seeking a prominent location with significant space and development potential. The address is 2018 Maxwell Ave, Evansville, IN 47711.

• CAP approach

  CAP return

  Valuation

  6%

  $2,478,508

  6.5%

  $2,287,854

  7%

  $2,124,436

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,117,155

  Geo Method

  $2,117,155

• Alternative Use

  Use

  Valuation

  Residential

  $1,929,890

  Hospitality

  $1,767,769

  Educational

  $1,470,763

  Medical

  $1,521,345

  Retail

  $2,287,854

Location Insight

City

Evansville

County

Vanderburgh

State

Indiana

Latitude

37.9946

Longitude

-87.5272

CBSA code

21780

CBSA name

EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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