125 Weinbach AveEvansville, IN 47711

Property Details for 125 Weinbach Ave

Year built

1991

Construction

WOOD

Lot size

1.14 AC

Property size (Sq ft)

4,500 SF

Property type

Office properties

APN

82-06-22-016-037.001-027

APU

820622016037001027

Description

This Evansville, Indiana commercial property, known as Center Pointe, offers flexible office space ideal for various business needs. Located at 125 N Weinbach Ave, 47711, this Class C property comprises nine single-story buildings and features three immediately available suites ranging from 1,200 to 3,400 square feet. The suites are currently combined but can be subdivided to accommodate individual tenant requirements. Suite 210, situated at the front of the Centerpointe Business Complex, offers excellent visibility and accessibility. The property is zoned C-4, allowing for a variety of commercial uses. The property's diverse subtypes cater to traditional office, executive office, coworking, medical office, and creative office tenants. This multi-tenant building presents a unique opportunity for businesses seeking adaptable and conveniently located office space in Evansville. The property's APN is 82-06-22-016-037.001-027. Contact us today to learn more about leasing options and explore the possibilities of establishing your business at this prime Evansville location.

• CAP approach

  CAP return

  Valuation

  6%

  $881,036

  6.5%

  $813,264

  7%

  $755,173

• Comparable approach

  Method

  Valuation

  Relative Method

  $387,360

  Geo Method

  $387,360

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,530,410

  Retail / Commercial

  $798,632

  Mixed-Use / Specialty

  $806,693

  Hospitality / Lodging

  $606,048

  Institutional / Educational

  $842,535

  Residential Income

  $985,766

  Multifamily

  $1,121,800

  Automotive / Energy

  $722,173

  Parking / Income-Based Land

  $238,435

  Restaurant / Food Service

  $442,850

  Healthcare / Senior Housing

  $816,062

Location Insight

City

Evansville

County

Vanderburgh

State

Indiana

Latitude

37.9792

Longitude

-87.5287

CBSA code

21780

CBSA name

EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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