1133 Mill RdEvansville, IN 47710

Property Details for 1133 Mill Rd

Year built

1974

Construction

WOOD

Lot size

0.97 AC

Property size (Sq ft)

12,896 SF

Property type

Office properties

Property subtype

Other office properties

APN

82-06-06-034-070.030-020

APU

820606034070030020

Description

This 600-square-foot office suite, located at 1133 W Mill Rd, Suite 106, Evansville, IN 47710, is situated in a well-maintained multi-tenant building. The property is conveniently located in the North Evansville submarket, easily accessible via N First Avenue and W Mill Road. The space is classified as a Class B Traditional Office and is zoned CO-2, R-1. Previously occupied by a barber shop, hair salon, and spray tanning business, this versatile space offers ample opportunity for a variety of professional uses. The building itself is in excellent condition, reflecting a commitment to quality and maintenance. This single available space presents a unique opportunity for businesses seeking a well-located and functional office environment in a thriving area of Evansville. The property's address is 1133 W Mill Rd, Suite 106, and its cross street is N First Avenue. The property type is listed as Retail and Office.

• CAP approach

  CAP return

  Valuation

  6%

  $2,227,811

  6.5%

  $2,056,441

  7%

  $1,909,552

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,110,088

  Geo Method

  $1,110,088

• Alternative Use

  Use

  Valuation

  Residential

  $2,549,986

  Hospitality

  $2,335,774

  Educational

  $1,943,336

  Medical

  $2,010,171

  Retail

  $3,022,968

Location Insight

City

Evansville

County

Vanderburgh

State

Indiana

Latitude

38.0219

Longitude

-87.5795

CBSA code

21780

CBSA name

EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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