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1940 S State Road 57
Oakland City, IN 47660

$895,000 USD

Freestanding For Sale  •  9,014 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,014 SF
  • Lot Size 2.41 AC
  • Building Class B
  • Year Built 2009
  • Cap Rate 8.39 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
18 Walk Score

Highlights

Strong Performer According to Placer.ai – Sales are Estimated to Be in the Top 35% in Indiana | #2 Out of 13 Stores Within 15 Miles in Visits
Excellent Visibility from IN-57 and IN-64 | Strategic Location Near Signalized Intersection (15,372 Combined VPD)
Site is Located 33 Miles from Evansville | Oakland City is a Part of the Evansville MSA, the 3rd Largest City in Indiana (Population: 317,000)

Property Flyers

Financial Summary (Actual)

Net Operating Income: $75,072 USD (2023)
Cap Rate: 8.39 %

Public Transportation

AirportDriveWalkDistance
Evansville Regional 36 min - 24.7 mi
Damien Yoder 812-320-8483 Marcus & Millichap
Damien Yoder 812-320-8483 Marcus & Millichap