2700 S GREEN RIVER RD
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- Lucy Norman
- 5 years ago
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1 SALE OVERVIEW SALE PRICE: $375,000 LOT SIZE: Acres APN #: PROPERTY DESCRIPTION 5+ AC of C-2 zoned land on Green River Rd just 600' from I-69 on-ramp. Property is currently improved with a charming farmhouse, a modern ranch, plus several barns and garages. The farmhouse is not livable in its current condition but the ranch has been updated with new roof, kitchen counter, appliances, HVAC, and flooring. The large barn on the property has water/ sewer and a small office. The property has curb cuts on Green River as well as E Riverside Drive. The owner sold the back portion many years ago to become Hornbrook Estates Apartments. Potential uses for the remaining land include additional multifamily office and self-storage. PROPERTY HIGHLIGHTS ZONING: C-2 C-2 zoning Green River Road frontage MARKET: Evansville Henderson MSA 2 access points Close to interstate and quick access to downtown
2 LOCATION DESCRIPTION S Green River Rd between E Riverside and River Wind Pointe Dr. IN #RB All SVN Offices Independently Owned & Operated.
3 IN #RB All SVN Offices Independently Owned & Operated.
4 POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 6,151 48, ,321 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 2,609 20,892 43,819 # OF PERSONS PER HH AVERAGE HH INCOME $47,460 $55,857 $54,262 AVERAGE HOUSE VALUE $91,597 $145,904 $137,595
5 Evansville, IN Evansville Area Info Economic & Business Climate The broad economic base of the region has helped to build an economy which is known for its stability, diversity, and vitality. Four NYSE companies (ACW, BERY, LEAF, VVC) are headquartered in Evansville, along with the global operations center for NYSE company Mead Johnson. Three other companies traded on the NASDAQ (ESCA, ONB, SCVL) are headquartered in Evansville. Major employers with workforces of 500 or more in the area include Alcoa, AK Steel, SABIC, Toyota, AT&T, Bristol-Myers Squibb, Guardian Automotive, Industrial Contractors, Mead Johnson, Peabody Energy, PGW Pittsburgh Glass, T.J. Maxx, St Mary s Hospital, Deaconess Hospital, and Tropicana Evansville. Evansville is also known as a regional energy hub due to the headquarters of Vectren and regional energy-related facilities such as Babcock & Wilcox's Nuclear Operations Group, numerous coal mines, several large ethanol and biofuel facilities, and a robust network of gas and oil pipelines. Evansville's strategic location on the Ohio River, strong rail and highway infrastructure, and its designation as a U.S. Customs Port of Entry, make it an ideal location for the transfer of cargo, including internationally. Chemicals make up 64% of international exports from the metro area, followed by transportation equipment (18%) and food manufacturing (5%). Evansville is the county seat of Vanderburgh County, Indiana. The population was 117,429 at the 2010 census. As the state's third-largest city and the largest city in Southern Indiana, it is the commercial, medical, and cultural hub of Southwestern Indiana and the Illinois-Indiana-Kentucky tri-state area, home to over 911,000 people. The Evansville Metropolitan Area, the 142nd largest in the United States, includes four Indiana counties (Gibson, Posey, Vanderburgh, and Warrick) and two Kentucky counties (Henderson, and Webster). This area is sometimes referred to as "Kentuckiana", although the area is usually referred to as the "Tri-State" by the local media. In 2008, Evansville was voted the best city in the country in which "to live, work, and play" by the readers of Kiplinger, and in 2009 the 11th best. The city has several well-known educational institutions. The University of Evansville is a small private school located on the city's east side, while the University of Southern Indiana is a larger public institution located just outside the city's westside limits. Other local educational institutions have also garnered praise and attention, including nationally ranked Signature School and the Evansville Vanderburgh Public Library. Facts for SW Indiana Region: - Unemployment (July 2016) was 4.1% - Population increased 6.8% since 2000 ('15) - Per capita income grew 24.9% since 2009 ('14) - Area GDP grew 12.6% since 2009 ('14) - Retail sales have increased 29.7% since 2009 ('14)
6 Scott Edmond SVN The Martin Group Scott Edmond joined SVN The Martin Group after a successful 21 year banking career where he served as a Vice President and Commercial Real Estate Relationship Manager with a super-regional bank. During his career as a banker, Scott arranged over $200 million in financing for retail, multifamily and hospitality properties across 9 states. Scott has experience in transaction underwriting and an extensive understanding of cash flow models and metrics that are critical to investor clients. Memberships & Affiliations CCIM Institute National Association of REALTORs Indiana Association of REALTORs Indiana Commercial Board of REALTORs International Council of Shopping Centers KY #76153 IN #RB Phone: Fax: Cell: Scott holds an Indiana Real Estate Broker s license, a Kentucky Salesperson s License, he is a member of the National Association of REALTORS, Indiana Association of REALTORS, Indiana Commercial Board of Realtors, the International Council of Shopping Centers, and the CCIM Institute. In 2015, Scott was awarded the highly coveted Certified Commercial Investment Member designation from the CCIM Institute. He attended the University of Southern Indiana where he earned a Bachelor s degree in Business Administration ( 97) and an MBA ( 00) with emphasis in Finance. During his graduate studies, Scott earned the Certified Financial Manager (CFM) designation from the Institute of Management Accountants and was a member of the American Institute of Certified Public Accountants. Outside of work, Scott volunteers with many community organizations and currently serves as President of HOPE Inc., a non-profit organization that provides first time homebuyer education, foreclosure prevention counselling, and sponsors Low Income Housing Tax Credit (LIHTC) projects. Address: 4004 E. Morgan Avenue, Suite 101
7 DISCLAIMER 5.13 ACRES EVANSVILLE, IN The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN. Neither the SVN nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk. All SVN Offices Independently Owned & Operated.
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