5401 Vogel RdEvansville, IN 47715

Property Details for 5401 Vogel Rd

Year built

1998

Construction

WOOD

Lot size

3.54 AC

Property size (Sq ft)

4,500 SF

Property type

Office properties

APN

82-06-24-012-152.012-027

APU

820624012152012027

Description

Vogel Business Park offers exceptional office space in Evansville, Indiana. This eight-building, Class B office park encompasses 45,122 square feet situated on a 3.54-acre lot. The property features 24 individual suites, with a minimum divisible space of 1,700 square feet and a maximum contiguous space of 2,000 square feet. Currently, 3,700 square feet of office space is available for lease. The park provides ample parking with 216 spaces available for tenants and visitors. Conveniently located on Vogel Road, near the intersection of Green River Road, the park offers easy access to major roadways including the Lloyd Expressway and I-69. The property is zoned C-4 and features single-story buildings. The property's APN is 82-06-24-012-152.012-027. This multi-tenant office park presents a fantastic opportunity for businesses seeking flexible and well-located office space in Evansville. The property's strategic location and ample parking make it an attractive option for a variety of businesses. Inquire today to learn more about available suite sizes and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $777,384

  6.5%

  $717,586

  7%

  $666,329

• Comparable approach

  Method

  Valuation

  Relative Method

  $387,360

  Geo Method

  $387,360

• Alternative Use

  Use

  Valuation

  Residential

  $889,806

  Hospitality

  $815,058

  Educational

  $678,118

  Medical

  $701,440

  Retail

  $1,054,851

Location Insight

City

Evansville

County

Vanderburgh

State

Indiana

Latitude

37.9871

Longitude

-87.4856

CBSA code

21780

CBSA name

EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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