2223 2227th W MichiganEvansville, IN 47712

  • Office properties
  • 52,400 SF
Off market
$1,573,363 Estimated

Property Details for 2223 2227th W Michigan

Year built
1900
Construction
WOOD
Lot size
1.02 AC
Property size (Sq ft)
52,400 SF
Property type
Office properties
Property subtype
Other office properties
APN
82-05-24-030-026.025-029
APU
820524030026025029

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,052,208
    6.5%
    $8,355,884
    7%
    $7,759,036
  • Comparable approach

    Method
    Valuation
    Method 1
    $4,510,592
    Method 2
    $4,510,592
  • Alternative Use

    Use
    Valuation
    Residential
    $10,361,297
    Hospitality
    $9,490,892
    Educational
    $7,896,311
    Medical
    $8,167,878
    Retail
    $12,283,151
2223 2227th W Michigan, Evansville, Indiana

Location Insight

City
Evansville
County
Vanderburgh
State
Indiana
Latitude
37.9818
Longitude
-87.5981
CBSA code
21780
CBSA name
EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,211,000
  • Assessed land value
    $89,300
  • Assessed value
    $1,300,300
  • Tax year
    2023
  • Tax bill
    $41,243

FAQs

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